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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.

Geneva 2011 - Best in Show

Unlike Detroit, which generated a lot of hype for what turned out to be not as much new product as we'd hoped, the Geneva show was a true return to form, with all new vehicles occupying various different market segments making their debuts. But Geneva wouldn't be complete without the seemingly never-ending stream of concept cars filling the halls of the Palexpo. Every year the Swiss show's neutrality is the perfect breeding ground for the French, Italian and German automakers to strut their future visions for mobility about.

Four car things to do in SoCal

UPDATED: Here are four things to check out if you live in or might be visiting Southern California soon: 1. Art Center Car Classic '11, Oct. 23: This great gathering of cars and car designers is held (almost) every year on the big lawn to the east of the Art Center College of Design in Pasadena's main building.