Honda plans to sell an inexpensive hybrid version of its Fit compact car starting in 2007, according to a Japanese newspaper report. The car would reportedly sell for $11,795 — compared to just over $10,000 for the gasoline version. While still a significant upgrade — especially for that price segment — the Hybrid Fit would put gas-electric technology in the hands of a whole new demographic. Honda’s current hybrid models — the Accord and Civic — sell for about $2,500 above their gasoline counterparts. Many of Toyota s hybrids come at a $4,000 premium. In Janaury, the 2007 Honda Fit made its official U.S. debut.
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