We learned of Honda's plans to develop an all-new low cost hybrid early yesterday morning, but what wasn't revealed in Honda's press release was the company's plant to kill off the Insight, the first hybrid to be sold in the U.S. and a permanent fuel economy champ since its introduction. Production of the Insight will come to a halt in September, which will leave Honda without its high mileage champ for a couple of years before the new model arrives, which is said to be "suitable for family use" unlike the two-seater Insight it replaces.

[Sources: AutoWeek]