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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.

Ayrton Senna's Honda NSX for sale

'Never raced or rallied' is a term you'll often see on a classified ad. But if the car was formerly driven by Ayrton Senna, you'd find it a little hard to believe. And even if it had been, would you care?

Don't miss CDNLive, reporting on the best from Paris Motor Show 2014

As ever the Car Design News team will be reporting live from the halls of the Paris Motor Show. After the long summer break we're in the French capital for what promises to be a great event. CDNLive from the Paris Motor Show We're looking forward to turning our attention to a promising list of production-car debuts of all shapes and sizes, from the new Smart ForTwo and Opel Corsa to the Volvo XC90 and Renault Espace, via Mazda's new MX-5, the Fiat 500X and Jaguar XE.