The Honda CR-Z has been rather well received in Malaysia. Launched in November last year, Honda Malaysia targeted to sell 100 units of the RM115k hybrid by the end of 2011, but has received over 300 bookings within a month of the launch.

In December, Honda Malaysia announced the availability of three new colours – Storm Silver Metallic, Milano Red and Crystal Black Pearl. This year will also see HM bring in a CVT version of the CR-Z, now only available with a six-speed manual gearbox. This will further widen the appeal of the hybrid coupe, which is now only considered by enthusiasts and those with an active left leg.

In Japan, those shopping for a CR-Z will have this special edition “Label α” model to choose from. It goes on sale this week and will be available as a limited release until the end of May. Nothing major, just bespoke burgundy pearl metallic finish on the outside with a matching interior color for the seats, door panels plus the stitching on the leather steering wheel and stick shifter.

The “Label α” also gets aluminum sport pedals and alloy wheels, the latter not standard across the range in Japan. Available in both CVT and manual form, it is priced at 2,510,000 yen (or about US$32,150) in Japan.