A collision-induced photon echo arising at the transition 0 ↔ 1 of ytterbium in the presence of heavy atomic buffer is investigated. Collision-induced echo signal appears in the case of mutually orthogonal linear polarizations of exciting pulses and it is absent without buffer. Collision-induced echo power grows with buffer pressure up to the maximum value and decays exponentially at further buffer pressure growth. Collision-induced echo power is essentially less than that of the ordinary echo generated by pulses with parallel polarizations in the same mixture, and its polarization is linear with the polarization vector directed along that of the first exciting pulse. All the properties of collision-induced photon echo are explained on the basis of collision relaxation dependence on the direction of active atom velocity.