Honda CR-Z profitability exceeds Insight's -exec

Newswire

TOKYO, Feb 25 (Reuters) - Honda Motor Co said on Thursday the profit margin on the new CR-Z sporty hybrid car exceeds that of the low-cost Insight model launched last year. "When we launched the Insight, we said profitability was better than the Fit (subcompact). The CR-Z is better than the Insight's," Executive Vice President Koichi Kondo told a news conference at the car's launch. The two-door CR-Z starts at 2.27 million yen in Japan, where sales will start on Friday ahead of other ...

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