UPDATE 2-Honda new hybrid to be cheapest one in Japan -paper

Newswire

* Hybrid cars becoming low-margin game for car makers-analyst * Honda, Toyota shares both down 0.6 pct (Recasts with comment from analyst) By Yumiko Nishitani TOKYO, June 24 (Reuters) - Honda Motor Co 's new hybrid car will cost one fifth less than the cheapest hybrid on the Japanese market, according to a newspaper report -- a move that may make hybrids low profit margin models for automakers. The new car will cost around 1.5 million yen ($16,570), making it the cheapest hybrid in ...

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