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Hongik University Degree Show 2008

Hongik University held its tenth annual Degree Show late last year at the university's Modern Gallery in Seoul, Korea. With a focus on creating the next generation of sedans for the graduating students' favorite brands, luxury sedans were developed using various design procedures. The students produced sketches, a 1/10 half-mirror clay model, a 3D model with scanned modeling data in Alias, and created the proposals using a CNC machine.

Honda Fit EV prices drop

Responding to price-dropping offers from other automakers on their electric vehicles, Honda will slash the lease deal for its Fit EV starting in June. From the current level of a zero-down, $389/month lease, Honda has lowered the price to zero down and $259/month. Also, for any current holder of a Honda Fit EV lease, effective June 1, their monthly lease payment will also drop to $259 a month.

New Mitsubishi Mirage: Price from £8,999

The new Mitsubishi Mirage City Car – which replaces the Colt in Mitsubishi’s lineup – will cost from £8,999 in the UK for the Mirage 1.0L. Replacing the Colt in Mitsubishi’s lineup, the new Mirage offers a compact and economical option for buyers with a choice of two engines – 1.0 litre and 1.2 litre 3-cylinder – and three spec levels – Mirage, Mirage 2 and Mirage 3. Aimed to take a piece of the market the VW Group is gobbling up with the Up!