The rumors continue to swirl A while back Honda announced that it would convert its Fit into a hybrid version, but Honda has never been very clear about when exactly such a vehicle would be offered. Rumors have indicated it could go on sale as early as late 2009 or as late as 2015. The latest rumors , however, indicate that the Honda Fit hybrid will go on sale sometime in 2010 at a cost of just $15,800, and that the automaker hopes to sell 50,000 Fit hybrids per year. Not so many decades ago, most in America claimed small Honda and Toyota cars would never take off in America. And this American arrogance and ignorance helped pushed the US auto industry to the precipice of liquidity. Today, Honda and Toyota are preparing to roll out – combined – over half a million small hybrid cars per year, and yet Detroit has neither a product offering nor a plan to compete with such vehicles. In this repeat of history, however, the Big 3 aren’t sitting atop the automotive world. This time they are either in or near bankruptcy. Will America really be able to compete?

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The $15,000 Honda Fit hybrid due next year?