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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.

Dealers' clunkers filing deadline extended

The Transportation Department has extended the cash-for-clunkers filing deadline again, to 8 p.m. EDT tonight after reporting that its computer system for dealers "has been fully operational overnight." In an e-mail to the National Automobile Dealers Association that was confirmed by Transportation spokeswoman Jill Zuckman, the Obama administration said, "The system will be closed to new submissions" after 8 p.m. It was the second deadline extension since last Thursday because of Transportation's computer outages.

Mercedes CLC (2008): first official pictures

By Ben Pulman First Official Pictures 27 January 2008 18:00 This is Mercedes’ new CLC, only it's not quite so new. Underneath it’s really the old Sports Coupe with a nose from the C-class grafted on to give it more modern engines and help it pass the latest crash regulations. In fact, the new CLC has exactly the same wheelbase (2715mm) as the old Sports Coupe, and the same size boot. Money.