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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.

General Motors reshuffles Executive Design leadership team

General Motors will be changing its Executive Design leadership team around in the coming months to accelerate global product development. The announcement came on the heels of news regarding the giant automaker being surpassed by rival Toyota in global sales. In an effort to bring itself out of the red, the company is reshuffling its design team in several areas.

Car Design Awards China 2013 contest launches

未来，中国设计 Future car designers in China are again being challenged to meet the needs of the future by entering the CDN competition which is dedicated to identifying the most promising talent. The fourth annual Car Design Awards China is now open, and entries are invited from students of any design discipline who are studying full time at a college in China. They will work to briefs set by the design chiefs of brands including Audi, JAC, Qoros, Volvo Trucks and Volkswagen.