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With the July 22nd London Auto Show approaching brings out a new concept from Honda, the Open Study Model or OSM. The lightweight, two-seater, open-air sports car is another design study by Honda that attempts to blend performance and sustainable motoring into a comprehensive package. Designed by Honda's R&D center in Offenbach, Germany, the OSM is a vehicle in the same environmentally friendly vein as the CRZ Concept unveiled in Tokyo last year, considered to be a low emissions alternative to the traditional sports coupe.

Honda insists that the OSM is strictly a design study and is not confirmed for production.

Source;
http://www.autoblog.com/2008/07/08/honda-to-reveal-osm-open-top-concept-in-london/