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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.
Mini E Hits Europe
Fri, 28 Nov 2008The Mini E is by no means a finished car; it is in fact a prototype which BMW has decided they will rush forward by letting motorists do the real-world testing. I appreciate the logic in this, but I’m still far from convinced that EVs are the way forward. Mini E Hits Europe It’s hard to see how BMW can lose on this.
Mitsubishi set to unveil three concepts in Tokyo
Tue, 08 Oct 2013Mitsubishi is planning the world debut of three concept cars at the 43rd Tokyo Motor Show 2013. The Mitsubishi Concept GC-PHEV is the first of three concepts and will be a full-size SUV powered by a PHEV (plug-in hybrid electric vehicle) system. The GC-PHEV will offer preventative safety technology and driver support technology in addition to wireless connectivity.