Honda changes course and switches from diesel back to hybrid
Honda CEO Takeo Fukui has now revealed that plans for larger diesel engines have also been canceled as a result of the cost of trying to meet new U.S. and Japanese emissions regulations. Honda had hoped that its in-house developed NOx catalytic convertor would allow it to avoid using urea injection. Instead, Fukui said the company will develop a hybrid system suitable for larger vehicles. No timetable has been revealed for introduction.
Fukui also said that Honda would not drop the price of the Insight in response to Toyota's price cuts on the Prius in Japan.
[Source: Automotive News - sub req'd]
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