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Two of Detroit Three bail on Tokyo show, Ford wavering
Fri, 18 Feb 2011Two of Detroit's three automakers are confirmed no-shows for this year's Tokyo Motor Show, with the third uncommitted as the deadline nears. General Motors Co. and Chrysler Group LLC will sit out the December event, skipping the show for a second straight time.
GM 'will lose money' on the new Chevrolet Volt
Thu, 18 Sep 2008By 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.
McLaren MP4-12C to charge hill at Goodwood with Button and Hamilton at the wheel
Wed, 30 Jun 2010The McLaren MP4-12C will make its much-anticipated public debut at Goodwood, and yet another advanced prototype will charge up the famous hill in the supercar portion of the event--driven by none other than McLaren Formula One stars Jenson Button and Lewis Hamilton. They'll be piloting the VP9 validation prototype finished in traditional McLaren orange. In addition to the hill charge, a new prototype will be on display with all of the carbon-fiber fittings, including splitter, engine covers and seatbacks.