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Peugeot’s lateest car for the Chinese market was unveiled over the weekend at the Beijing Motor Show.  The Peugeot 408 is a long-wheelbase sedan based on the 308 giving more room for passengers sitting in the back.

This 2011 model is not to be confused with the recently-spied Peugeot 508 for the European market.  That car will replace the Peugeot 407 & 607 beginning in next year, and be significantly longer than the Chinese market’s 408.

The 408 features a large sunroof and a self-contained trunk to keep the cabin light and spacious.  Because of the interior room, and the somewhat popular Peugeot styling in China, the automaker and their Chinese joint-venture partner are expecting annual 408 sales to top 100,000 units.

Peugeot’s sedan was designed in China and Europe with three objectives: “[E]mbody the Marque’s modernity, guarantee maximum safety and offer unrivalled interior space,” according to a press release.

At 4.68-meters long, the Peugeot 408 will be produced in Wuhan, China.

Source : worldcarfans.com

Honda Motor Company, Fit/Jazz Hybrid will be produced at approximately 1:59 million yen, or gasoline-electric hybrid cars are the cheapest on sale in Japan. The new Honda Fit will be launched to boost sales in the hybrid category.

Honda is in a strong pressure from Toyota Motors, particularly in the development and sale of environmentally friendly cars. Toyota reportedly is preparing a hybrid compact car that can travel 40km/liter a price of 1.5 million yen in 2011.

Honda plans to sell the Fit Hybrid in October 2010 around 300 000 yen cheaper than the 1.89 million yen Honda Insight. But still more expensive than regular gasoline-powered Honda Fit. The difference is 400 000 Yen.

30km/liter fuel consumption, far better than the current Fit is 24km/liter. Fit Hybrid use 1.3-liter gasoline engine and electric motor. Japanese government subsidies to linngkungan friendly cars will end next month and is expected to trigger a price war between Honda and Toyota.

Source : magetan.com