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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.

Poll finds electric car 'confusion'

CONSUMER confusion is the main reason why electric car sales have failed to spark, according to a survey of motorists. Lack of understanding about the practicalities of electric cars is deepest among those keen to buy one, the survey by market research company GfK Automotive found. Just 8% of the 3,161 motorists polled said they would definitely or probably buy an electric car at some stage.

Students build Caterham, test it on Top Gear track

Extra-curricular activities. Great for the CV, but not exactly fun. That is, unless, you’re a pupil at Millfield School in Somerset – where students have built a Caterham Seven and tested it out on the Top Gear track.