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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.

Vehicles connect at Michigan International Speedway

The Michigan Department of Transportation and Michigan International Speedway have joined forces to help in the development of a connected-vehicle system. In the future, it will help cars communicate with each other on the road to avoid crashes and increase safety. The speedway, located in Brooklyn, Mich., will allow organizations such as the Connected Vehicle Proving Center and the Center for Automotive Research to use the track as a test road for the new technology.

BMW X1-based electric crossover launches in China

If the car above looks like a BMW X1 that's received a new grille, that's because it is. But there's more on the inside. More specifically, an electric powertrain and a name you haven't heard: Zinoro.