The Internets are buzzing with a quote from an unnamed Honda spokesman who says the company is planning to produce a Honda Fit Hybrid as soon as the 2010-2011 fiscal year. The accelerated timetable for the hybrid model may be a response to the accelerated CAFE standards announced by the White House last month.

Honda will also produce the sporty CR-Z hybrid in 2010 — and that’s a definite. The Fit will follow, Honda says. The current Honda Fit already gets 27 mpg city, 33 mpg highway. John O’Dell, senior editor at Green Car Advisor, speculates that the Fit Hybrid could get fuel economy numbers somewhere around 50 mpg and a price tag in the neighborhood of $20,000.

Image of a gasoline Honda Fit by Kristen Hall-Geisler.