No Honda V-8........again!!!
10-04-2005, 03:40 PM
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No Honda V-8........again!!!
Honda Motor Co. has decided not to build an eight-cylinder engine because high fuel prices are pushing buyers to more efficient motors. The company will focus instead on expanding diesel and gasoline-electric engine output.
"It's not the time to make a V-8," Honda Chief Executive Takeo Fukui said. "We need to focus on diesels and hybrids first."
Fukui told reporters in Tokyo Aug. 4 that Honda was studying whether to build V-8 engines and "will decide in three years" on using them. He said Tuesday that the company has dropped any plan to build the motors.
Honda this year expects to build 70,000 diesel motors, for models in Europe, and 30,000 gasoline-electric hybrid motors, which will mainly be sold in U.S. cars. The company plans to boost diesel output to 100,000 motors in two years and hybrid production to as many as 50,000 a year by 2007.
Detroit News staff, Bloomberg News and wire reports.
"It's not the time to make a V-8," Honda Chief Executive Takeo Fukui said. "We need to focus on diesels and hybrids first."
Fukui told reporters in Tokyo Aug. 4 that Honda was studying whether to build V-8 engines and "will decide in three years" on using them. He said Tuesday that the company has dropped any plan to build the motors.
Honda this year expects to build 70,000 diesel motors, for models in Europe, and 30,000 gasoline-electric hybrid motors, which will mainly be sold in U.S. cars. The company plans to boost diesel output to 100,000 motors in two years and hybrid production to as many as 50,000 a year by 2007.
Detroit News staff, Bloomberg News and wire reports.
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