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2013 Honda Fit EV sales expand to East Coast

Honda is expanding leases of its Fit EV from the left-coast bastions of Oregon and California to the East Coast markets of Massachusetts, Connecticut, Maryland, New York and New Jersey. Eco-minded East Coasters still can’t buy the car outright, but they’ll now be able to lease the electric Fit for three years at a cost of $389 per month. The Fit EV has a mpg equivalency rating of 118 and an EPA electric driving range of 82 miles.

VW Tiguan – People’s Reviewer Winner

Harriet Gore gets a VW Tiguan as the winner of the People's Review The last update we did had the three finalists doing different challenges to bid for votes. Johnny was taking the Tiguan off to a sheep farm to play around; Eric was off to Silverstone to have a bash on the track and the skid-pan and Harriet was off on a mystery tour round Oxford (which as we said at the time was no easy thing). Well, the winner’s been announced this morning and it’s Harriet, who wins a nice shiny VW Tiguan for her efforts.

Chrysler's main creditors reach deal with U.S.; others hold out

The U.S. Treasury Department has reached a tentative debt-reduction agreement with Chrysler's main creditors but still must get other lenders to sign on for the deal to take effect, three people with knowledge of the talks said today. The accord with JPMorgan Chase, Citigroup, Goldman Sachs and Morgan Stanley would reduce Chrysler's $6.9 billion debt to $2 billion, which would be repaid by Chrysler in cash, they said.