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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.

Land Rover Defender Special Edition set for U.K.

The 2012 Land Rover Defender Special Edition will join the growing list of cool cars that aren't coming stateside. At least we aren't getting our hopes up—not only did they snub the Detroit auto show, but Land Rover hasn't brought a Defender SUV here since 1997. The latest iteration of the go-everywhere off-roader will wear one of two colors, Orkney grey or nara bronze.

Car insurance cost at four-year low

THE COST of insuring a car has fallen to a four-year low as motorists benefit from a record 19% drop in average premiums compared with a year ago. The Confused.com car insurance price index, in association with Towers Watson, reveals the average cost of comprehensive car insurance in the first quarter stood at £596, a drop of £140 against this time last year. The figure, including a reduction of 7.5% on the previous quarter, means that average premiums have dipped below £600 for the first time since late 2009.