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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.

BMW 114d arrives & new engines for the BMW 3 Series

BMW has revealed the 114d Sports hatch and new engines for the 3 Series and 3 Series Touring. New BMW Nav Pro also added to 3 Series. BMW has been having a play with the 1 Series and 3 Series with new engine options available from November.

Aston Martin V12 Zagato: Zig arrives at the Nurburgring

The AML V12 Zagato arrives at the Nurburgring. We knew that the Aston Martin V12 Zagato – which recently took Vill d’Este by storm – was heading for the Nurburgring to stretch its muscles. What we didn’t know was that it would turn up in a fetching shade of Kermit green, complete with enormous wing and rear diffuser.