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In a move that was perhaps forced by the continued decline in car sales today, Honda has announced the shelving of some high-end models in its fold. Among the vehicles that have been axed included the Acura brand, a proposed V8 engine, a successor to the Honda S2000 and a convertible based on the forthcoming Honda CR-Z coupé.

Honda likewise announced that its main focus at the moment is to shift to hybrid cars manufacturing to address the growing demand for alternative cars that are more conventional and economical to the common motorists today.

It aims to build 500,000 hybrids by 2012, including the new Honda Insight and the world’s first hybrid supermini, a petrol-electric Honda Jazz due next year. It should be capable of 80mpg and emit just 90g/km of CO2.

(Source) Autocar

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