Honda upbeat on hybrid car sales, targets 12,000 vehicles this year

SHAH ALAM: Honda Malaysia Sdn Bhd is looking at sales of some 12,000 hybrid vehicles this year with the introduction of more new models.

Speaking at the launch of the improved Honda CR-Z sports hybrid model here yesterday, Honda Malaysia managing director and chief executive officer Yoichiro Ueno said the demand for hybrid cars could also be due to customers rushing to place orders before the tax incentives for such fuel-sipping cars end on Dec 31.