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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.

Video and design sketch of Honda-badged NSX Concept released

Honda has revleased a video design sketch of its NSX Concept, due to be unveiled at the 2012 Geneva Motor Show. The company has also released new details concerning the NSX Concept, which was first seen at the Detroit Motor Show sporting an Acura badge. The new NSX is expected to indicate the direction in which they will be heading in terms of the design and technology of Honda's next-generation supercar, widely tipped to be available for purchase in the next few years.

Car Design News Contest 2008 Winners

It's been five months since the Car Design News Contest 2008 brief was first announced. And now, the last of our nine esteemed judges have completed their assessment of the 20 finalists. We are pleased to announce the winners in the professional and student designer categories, respectively: Jay Wen from New Zealand and Seyyed Javad Ghaffarian from Iran.