A new dedicated hybrid is on the way from Honda, reports Autocar, first in concept form then for production in 2008. It's not exactly a surprise — Honda's CEO Takeo Fukui announced recently an economy-minded hybrid would be launched by decade's end. The new gas-electric model would replace the company's Insight, which was the world's first series hybrid — despite that Prius is Latin for "before" (pretty tricky, Mr. Toyota). Nonetheless, a prototype will likely be unveiled at the Geneva auto show in March. The yet-unnamed model is expected to be cheaper than a Prius, at least in the UK. – Mike Spinelli

Honda readies second Insight [Autocar]

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Takeo That! Honda Announces Product Plan for Rest of Decade [internal]