Honda: Too Many Accord Hybrids, Not Enough Fits

SAN FRANCISCO – Honda Motor Co. Ltd. is facing a shortage of its hot-selling Fit small car in North America while halving production of its Accord Hybrid sedan as sales slump.

The subcompact Fit 5-door has been on sale in the U.S. since April 20, and in the first 45 days of availability some 9,900 units have been sold. That rate exceeds the auto maker’s 38,000- to 42,000-unit annual target.