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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.

Cadillac teases 2013 'glamour' concept car

Looking to recapture some of its past luster, Cadillac showed renderings of a concept car that will appear at a 2013 auto show. The car is an attempt for the brand to "reflect back not for nostalgia, but what made us great at the time," said Clay Dean, Cadillac director of advanced design. Monterey car week is packed with car shows, vintage racing and car auctions.

Cadillac ATS coupe bows at Detroit auto show

Cadillac's ATS range grows into an even stronger BMW 3-series/4-series competitor with the introduction of the coupe model, which marks the first time GM's luxury division has taken the plunge into the compact luxury coupe segment. The ATS coupe's 109.3-inch wheelbase is shared with its sedan brethren, but wears a lot of its own bodywork including a unique roof, doors, fenders, trunk lid and front fascia to not only give the coupe its own distinctive look, but to dress the wider track the coupe gets over the sedan. The ATS Coupe will be the first production Caddy to wear the division's new crest when it goes on sales this summer.