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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.

Mercedes touts future safety with research vehicle

In 1980, when several automakers began to use airbags, there were people who thought that cars couldn't possibly get any safer. Karl-Heinz Baumann, a safety researcher at Mercedes-Benz AG in Stuttgart, was not one of them. "We said, 'No, it cannot be all,' and we kept doing more research." The results of that research are presented on the company's most recent Experimental Safety Vehicle (ESV), on display now in the Mercedes Museum in Stuttgart.

Hennessey Venom GT hits new, unofficial, speed record (video)

The Hennessey Venom GT (pictured) hist 270.49mph on a NASA runway Top speed records for production cars is starting to seem pretty irrelevant as there’s almost nowhere an owner can ever hope to hit those record speeds. And the performance of cars like the new McLaren P1 – where  performance and handling are much more the focus than outright top speed – has added the the irrelevance. But that doesn’t stop some car makers aiming for the bragging rights of the world’s fastest production car, and John Hennessey and his Hennessey Venom GT are back with another claim on the title.