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Honda Clarity enters hydrogen competition with $369 lease price

Ok, so we were wrong. When Honda said in January that the monthly lease price for the 2017 Clarity Fuel Cell sedan would be "under $500," we assumed that that meant, oh, maybe $499. After all, that's what the two other hydrogen vehicles available in the US, the Toyota Mirai and the Hyundai Tucson Fuel Cell, cost [ See below]. Given that the Mirai's $57,500 MSRP and the Clarity's then-expected $60k price tag, we figured the lease prices would pretty much match, too. Mea culpa. Honda just announced that the Clarity will lease for just $369 a month for 36 months, with $2,499 due at signing. That price includes $15,000 of fuel over three years and 20,000 annual miles. As with other advanced technology vehicles, Honda is making traditional vehicles available for times when the hydrogen car's 366-mile range and weak refueling infrastructure isn't enough to get you where you want to go. The fuel cell vehicle will be available in California at some point yet in 2016, but only to people who, "live or work near Honda's network of 12 approved fuel cell vehicle dealerships located in select California markets." There are six such dealerships in Southern California, five in the Bay Area and one in Sacramento, Honda says. UPDATE: Totally forgot that Toyota dropped Mirai pricing to $349 earlier this year. We've adjusted the headline. Related Video: Featured Gallery Honda Clarity Fuel Cell News Source: Honda Green Honda Hydrogen Cars lease honda clarity

Mitsubishi to join alliance with Honda and Nissan, Nikkei reports

TOKYO — Japan's Mitsubishi Motors is set to join an alliance between Honda Motor and Nissan Motor, creating a tie-up between automakers with combined sales of more than 8 million vehicles, the Nikkei newspaper said on Sunday. Mitsubishi Motors, which is 34% owned by Nissan, will work with Honda and Nissan to finalize the details of their strategic partnership, Nikkei said, adding the three firms intend to standardize in-vehicle software that controls cars. Mitsubishi Motors declined to comment on the report, while a Nissan spokesperson would only say the report was not based on something either of the companies had announced. Spokespeople for Honda did not respond to a request for comment. The push comes as Nissan, Japan's third biggest automaker, has been steadily losing market share in its two largest markets, the United States and China, which together accounted for half of its global sales in the year to March. On Thursday, the company slashed its annual outlook after heavy discounting in the U.S. almost completely wiped out its first-quarter profit. Nissan and Honda said in March they were considering a strategic partnership to collaborate on producing electric vehicle components and artificial intelligence in automotive software platforms. Mitsubishi Motors is already part of a long-standing alliance with Nissan and France's Renault that the three automakers last year agreed to restructure, aiming for a downsized but more pragmatic and agile partnership. Separate collaboration between Nissan, Honda and Mitsubishi Motors could help Japan's automakers cut costs and beef up to battle tough competition in EVs, dominated by companies like China's BYD and Tesla. In China, the world's largest auto market, Japanese brands previously were strong but are now up against domestic automakers that have rapidly increased production and won over consumers with low-priced vehicles loaded with software.

Crossovers versus Cars | Autoblog Podcast #479

Episode #479 of the Autoblog Podcast is here. This week Dan Roth, David Gluckman, and Greg Migliore compare and contrast the strengths of cars and crossovers, and if we'll soon see the long dominance of the midsize sedan ceded to this relative newcomer. It all starts with the Autoblog Garage - check it out! Check out the rundown with times for topics, and thanks for listening! Autoblog Podcast #479 The video meant to be presented here is no longer available. Sorry for the inconvenience. Topics Cars vs. Crossovers In The Autoblog Garage 2016 BMW X5 xDrive40e 2016 Honda Civic 2017 Cadillac CT6 Hosts: Dan Roth, David Gluckman, Greg Migliore Rundown Intro & Garage - 00:00 Cars vs Crossovers - 24:28 Total Duration: 54:55 Get The Podcast iTunes – Subscribe to the Autoblog Podcast in iTunes RSS – Add the Autoblog Podcast feed to your RSS aggregator MP3 – Download the MP3 directly Feedback Email – Podcast at Autoblog dot com Review the show in iTunes Podcasts BMW Cadillac Honda SUV crossovers