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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.

CAR Most Wanted of 2014: Ferrari 458 Speciale

By the CAR road-test team First Official Pictures 23 December 2013 10:50 The first time we checked out the Ferrari 458 Speciale, it was parked tantalisingly in the bowels of the Ferrari’s Maranello factory. Tech boss Roberto Fedeli told us how Ferrari had calculated the Speciale would be an even higher performer: 10% lighter, 11% faster response, 40% quicker through the gearbox, and squeezing out an extra 34bhp from its 4.5-litre V8. Since then, we’ve driven the 202mph 458 Speciale, which Ferrari claims is different (not better than) a 458 Italia, and designed to appeal to a different kind of customer.

Award Puts Kia In Seventh Heaven

KIA has received yet another award for its industry-leading, seven-year warranty. First introduced on the European designed and built Cee’d in 2007, the manufacturer-backed warranty is marking its seventh anniversary and has been lauded with the CarBuyer ‘Buyer’s Award’ in its 2014 honours. Since the seven-year warranty was first applied to the Cee’d, 82,884 vehicles have found homes with UK consumers.