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Posted By pagey 1 year, 2 months ago in Business & Finance

Honda unveiled a new "affordable" hybrid family car at the Paris Motor Show on Thursday to challenge the success of rival Toyota Motor Corp.

The five-door Insight petrol-electric hatchback will go on sale in Japan, Europe and North America next spring, Honda said. President and CEO Takeo Fukui said the Japanese automaker aims to sell 200,000 of the cars worldwide each year.

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