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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.
Infiniti electric sports car concept (2012) teased
Fri, 18 Nov 2011Infiniti has trailed a new range-extending electric sports car concept - a long way ahead of its planned debut at the 2012 Geneva motor show. The company already plans an electric Infiniti to piggyback the EV learnings from parent firm Nissan, whose Leaf is the first mainstream electric car built from scratch. But this new sports car will pack a range-extender system, with a petrol or diesel engine to charge the battery when charge gets low.
2011 SSC Ultimate Aero: The Tease
Tue, 17 Aug 2010The 2011 SSC Ultimate Aero Tease The SSC Ultimate Aero from Shelby Supercars is the car which stole the crown of the Bugatti Veyron asĀ theĀ fastest production car in the world. But now Bugatti has snatched that back with the Bugatti Veyron Super Sport. So it’s not the biggest surprise in the world that SSC are now trumpeting and teasing the 2011 version of the Ultimate Aero.