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GM 'will lose money' on the new Chevrolet Volt

By Ben Whitworth Motor Industry 18 September 2008 14:39 Despite hanging its future on the make-or-break Chevrolet Volt plug-in hybrid car, GM has confirmed that it doesn’t expect to make a profit from it – at least not on the first-generation model. The Chevy Volt was unveiled this week amid much hoopla at GM's centenary. 'I don’t know that I’ve ever seen a situation where we make money, particularly when you load all the costs in,' Fritz Henderson, GM’s chief operating officer, told Automotive News Europe, referring to the company’s first-generation technologies.

BMW M235i leaks out ahead of 2-Series debut

BMW M235i leaks out ahead of 2 Series debut BMW started the tease for the new 2-Series over the weekend with a ver brief video, and are planning on debuting their replacement for the 1 Series Coupe at the end of the week. But car makers best laid plans usually go awry now the world has smartphone cameras and the Interwebs are beckoning, so it’s no big surprise we have the first photo of a new 2-Series – in this case the M235i – ahead of its official reveal. Snapped at a dealer presentation by a member of 2addicts forum, the new 2 Series looks pretty much like the 1-Series from the front with a coupe roof sloping down to a new back end.

Porsche Cayenne 2nd generation hits 100,000

Porsche Cayenne 2nd Gen hits 100,000 The second generation Porsche Cayenne – launched in 2009 – has now reached 100,000 cars produced. They said it would be a failure when the Porsche Cayenne first appeared back in 2002. But nothing could be further from the truth.