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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.
Eterniti Hemera – it IS a Porsche Cayenne
Fri, 09 Sep 2011Eterniti Hemera - it's a titivated Porsche Cayenne We did speculate from the start that the new car company that is Eterniti Motors is in fact a high-end customiser, and that its first ‘new’ car – the Eterniti Hemera – is just a customised Porsche Cayenne. And so it is. Eterniti has release the first photos of the Hemera ahead of its debut at the Frankfurt Motor Show, and at first view it could just as easily be a new Cayenne from Gemballa or Merdad.
2013 Ford Kuga goes in to production
Mon, 03 Dec 2012The new (2013) Ford Kuga crossover – which debuted at Geneva in the Spring – has now gone in to production in Spain ahead of first customer car deliveries. Ford has announced it’s finally started to churn out the new Kuga at its plant in Valencia, and that the Kuga will be heading to Ford’s UK showrooms to get customer cars out in the new year. Despite starting production of the new Kuga, Ford still hasn’t come up with prices for its compact crossover, but says they will be available before the end of the year. On offer in the new Kuga is a range of new technology including the kick-to-open tailgate, Active Park Assist, Blind Spot Monitoring Torque Vectoring Control, SYNC and the first use of Ford’s EcoBoost engines in the Kuga (although no sign yet that the 1.0 litre EcoBoost will be added to the Kuga).