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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.

Volvo strikes deal for plug-in hybrid cars

Volvo Plug-in hybrid By Peter Adams Motor Industry 01 June 2009 17:15 Volvo has taken its next step towards green motoring, launching a joint venture with Swedish energy company Vattenfall to introduce plug-in hybrid cars to the market – sporting CO2 emissions as low as 50g/km. The cars, which will role out across Sweden in 2012, will be manufactured by Volvo, with Vattenfall developing the charging systems and supplying the cars with electricity. Vattenfall will be offering customers the chance to sign an agreement for renewable electricity sourced from windpower or hydropower.

Audi A5 Sportback – first official picture

First official picture of the Audi A5 Sportback (click image for a bigger version) This time it’s Audi’s turn, with the first official picture of the soon to be revealed Audi A5 Sportback. And it’s such a shock – we’d never have guessed this is how it would look! The Audi A5 Sportback is Audi’s latest niche car in its quest to fill every niche of car (and then some) – whatever the needs and desires of the car buyer Audi is aiming to fulfill it.