Honda Insight gets much cheaper base model, new features for 2011

The slow-selling Honda Insight hasn’t exactly stolen any of the Toyota Prius’ thunder since its introduction last year, and with new green cars like the Chevrolet Volt and Nissan Leaf ready to join the battle, the future of Honda’s hybrid hatch doesn’t look too bright. Still, the Japanese automaker has given the Insight a host of improvements for the 2011 model year, including a new base model that retails for $18,950 (including the $750 destination charge).

So, what do you lose gain with the base Insight? For starters, a downgraded stereo system is on hand, with a single CD player and two – yes, two – speakers. Audiophiles need not apply. Remote entry is standard on the base Insight, but if you want amenities like cruise control, a USB audio interface, center armrest and floor mats, you’ll need to opt for the mid-grade LX trim. In other words, the new price leader is something of a municipal and fleet special. On the opposite end of the spectrum, the pricier EX now comes standard with steering wheel-mounted audio controls and can be optioned with navigation.

The Insight’s 1.3-liter inline-four with Honda’s Integrated Motor Assist carries over largely unchanged, with fuel economy rated at 40/43 miles per gallon, city/highway. 2011 Insight models are arriving at Honda dealers as you read this, and for the full details on what’s new, follow the jump for Honda’s press release.