Honda Motor Co. won't be "hasty" in adding more gasoline-electric hybrid autos to its product line because the company won't sacrifice profit as it expands use of the fuel-efficient system, the company's chief executive said, according to Bloomberg News. Honda and Toyota Motor Corp. have both sold hybrid cars in the U.S. for more than two years. Toyota has said it will announce new models in early 2003 beyond its Prius small car. Honda officials have said they have no short-term plans to expand beyond the two-seat Insight subcompact and the Civic Hybrid, according to Bloomberg News.
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