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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.

Jay Kay's LaFerrari to star at Salon Privé

CAR BUFFS will have a unique chance to get up close to some of the fastest, most exciting cars in the world today when the 2014 Salon Privé show arrives in London next month. Among the star cars at the Syon Park event will be Jamiroquai singer Jay Kay’s spearmint green LaFerrari; the only example anywhere in the world in that colour. All the cars present will be ultra-rare, ultra-exclusive hypercars with sub-three-second 0-62mph sprint times and top speeds well in excess of 200mph.

Jaguar C-X75 Hybrid Supercar development showcased on video

Jaguar showcase the development of the C-X75 hybrid supercar on video After little news on the Jaguar C-X75 – Jaguar’s hybrid supercar – after production plans were cancelled at the end of 2012, this last week has seen a flurry of activity. We’ve had a few select publications given the chance to take a ride – and a brief drive – in the C-X75 at Gaydon, and Jaguar decided to release some new photos of the C-X75 in a fetching shade of blue. We’ve also had the suggestion that Jaguar will give the F-Type a 700bhp version of the C-X75′s hybrid powerplant.