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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.

Audi preps S3 Cabriolet for Geneva

Audi revealed the S3 Cabriolet on Wednesday, before its Geneva motor show debut. The go-fast version of the small A3 Cab shares the same widespread MQB architecture as the rest of the 3 range, but it gets a hotter engine, a lower stance and, of course, a rag top. It’ll arrive in Germany this summer, and possibly here sometime after the S3 sedan in early 2015.

Vygor Opera shows off in teaser photos

Teaser photos of the production-spec Vygor Opera were revealed today by the Italian carmaker. We have a good shot of the nose and the trunk, as well as a few darkened detail shots. We know what you're thinking.