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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.
Kia Proceed (2012) first offical pictures
Thu, 13 Sep 2012Kia will launch the next derivative of the Ceed at the Paris motor show: the Proceed three-door model. It follows the Sportswagon estate and regular hatch, and will likely keep the same range of four-cylinder engines and six-speed gearboxes. The 2012 Kia Proceed three-door Like the last Proceed, the new car gets an unfortunately silly name, which we won't dignify with its shameful grammar here.
2011 Ford Mustang V6 gets 305 horses
Mon, 30 Nov 2009The entry level Mustang finally gets a decent powerplant for the 2011 model So what, you may say. 305 horses is hardly an earth-shattering amount of power for an American muscle car. And you’d be right.