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Nissan Ellure concept

The Ellure is one of the most significant new car concepts to be unveiled at this year's LA auto show. A D-segment-sized sedan, the project has seen input from both Nissan's studios in Japan and NDA, where the concept was completed. According to NDA design chief Alfonso Albaisa, the concept explores a new global design language Nissan is working towards for its range of sedans.

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 techniques cut cost of carbon fiber

Carbon fiber, once so costly that it was the preferred material only for fighter planes and supercars, is catching the attention of weight-conscious automakers. Carbon fiber's cost is falling dramatically, thanks to production advances that let suppliers speed the material's finicky, and costly, curing process. One technological breakthrough that makes carbon-fiber auto parts more affordable may come from a process used to make carbon-fiber golf clubs.