Honda CR-Z in High Demand

Honda CR-Z Hybrid

According to a Nikkei report (via MarketWatch), the Honda CR-Z Hybrid already has 7,000 orders.  They had 4,500 pre-sales as of a few weeks ago when they set the price on the two-seater hybrid at just over $25,000.

That's 60% of the annual target of 12,000 units Honda set.  The pent up demand for a hybrid sports car seems to be higher than I would have thought, although the tax breaks and incentives put in place in Japan for hybrids may be a deciding factor for many.

With 7,000 pre-orders, the CR-Z now has a seven month waiting list (Honda set production at around 1,000 a month).

Update: Honda is now up to 10,000 orders on their sporty new hybrid.  Which means they have an effective waiting list of about 10 months.