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BMW readying first M Performance model for U.S.

BMW will introduce the first in what will become a line of M Performance models to North America in early 2014 with the M235i coupe. It will take the place of the 1-series M coupe which recently ceased production after a run of more than 6,000 units, some 600 of which were sold in the United States. BMW is renaming the coupe and convertible versions of the 1-series as the 2-series for the vehicle's second generation.

BMW i8 heading up the Goodwood Hillcimb in June

The BMW i8 is heading up the Goodwood Hillclimb The Honda NSX won’t be the only green supercar heading up the hillcimb at the Goodwood Festival of Speed in June – the new BMW i8 hybrid supercar will be too. BMW has announced that the i8 will be seen in action in the UK for the first time at the end of June when it too takes on the 1.16 mile Goodwood Hillcimb during the 2014 Festival of Speed. It’ll be the first time we get to see just how capable the i8 is, and even with a paltry 1.5 litre 3-cylinder engine it promises impressive performance as that little 3-pot churns out 228bhp oin its own and 356bhp when its electric motor joins in.

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.