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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.
Car of the Year 2014 shortlist announced
Mon, 16 Dec 2013By Ollie Kew First Official Pictures 16 December 2013 11:00 The seven-car shortlist for the 2014 Car of the Year [CotY] award has been announced. The jury is looking for ‘the most outstanding new car go on sale in the [last] 12 months.’ BMW i3 – the first branch of BMW’s family of electric ‘iCars’, to bear fruit, available in fully EV and range-extender form, and aiming to make electric cars desirable at a fraction the price of Tesla’s impressive Model S luxury saloon Citroen C4 Picasso – Citroen isn’t giving up on the good old MPV despite the onslaught of new crossovers – the new C4 Picasso boasts outlandish bug-eyed design and a fresh take on family-mover cabins, thanks to two enormous touchscreen interfaces to keep the kids – and parents occupied. Mazda 3 – the third-gen 3 family hatchback is lighter than before thanks to Mazda’s energy-saving ‘SkyActiv’ tech, but that’s just the tip of the iceberg.
Land Rover fomalizes deal with off-road partner Bowler
Thu, 21 Jun 2012Land Rover finalized a deal with Bowler on Thursday that formalizes an existing arrangement as Bowler—a U.K.-based builder of rally raid cars—has been a working with Land Rover for more than a decade. Bowler competition vehicles will now compete with “Powered by Land Rover” badges, a slogan that will also be highlighted in customer and marketing events. Bowler will also get access to Land Rover parts and benefit from “technical and development support” from the firm.