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The Honda Accord (Japanese: ホンダ・アコード, Hepburn: Honda Akōdo, / ə ˈ k ɔːr d /), also known as the Honda Inspire (Japanese: ホンダ・インスパイア, Hepburn: Honda Insupaia) in Japan and China for certain generations, is a series of automobiles manufactured by Honda since 1976, best known for its four-door sedan variant, which has been one of the best-selling cars in ...
The Accord Hybrid was discontinued when the rest of the seventh generation Accord production concluded. No Accord Hybrid was offered for the eighth generation Accord. Honda announced the Accord Hybrid would return to the market for the 2014 model year based on the ninth generation Accord, with a new dual-motor system and a plug-in option. [15] [16]
The price of crude oil in 2003 traded in a range between $20–$30/bbl. [17] Between 2003 and July 2008, prices steadily rose, reaching $100/bbl in late 2007, coming close to the previous inflation-adjusted peak set in 1980.
A variant of the larger North American Accord was sold in Japan as the Honda Inspire to compete in the entry-level luxury sedan class. [3] In markets where both versions of the Accord are sold, such as in New Zealand and Australia, the smaller Japan/Europe-type car is called Accord Euro to distinguish it from the larger North American model.
The North American eighth generation Honda Accord is a mid-size car introduced in August 2007 for the 2008 model year. [2] It is also marketed in parts of Asia and Australasia , and as the Honda Inspire in Japan.
In June 2005, crude oil prices broke the psychological barrier of $60 per barrel. From 2005 onwards, the price elasticity of the crude oil market changed significantly. Before 2005 a small increase in oil price lead to an noticeable expansion of the production volume. Later price rises let the production grow only by small numbers.
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