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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.

Saab seeking court protection from creditors? It adds up

Saab seeking protection from creditors Another day, another Saab story. But the reports that Saab are to seek the protection of the courts in Sweden from the actions of creditors does ring true. And it does add up.

Gordon Murray and Yamaha reveal new Motiv city car (2016)

By Ollie Kew First Official Pictures 21 November 2013 11:00 This futuristic Smart ForTwo lookalike is in fact the Gordon Murray Design Motiv – and no, the latter part of that name isn’t a typo. Built in conjunction with Yamaha, the Motiv uses elements of F1, motorcycle and extra-automotive technology to try and cut down on the environmental impact building – and running – a car creates. Mainly, it’s the two-seater’s production process, coined ‘iStream’ by the 240mph McLaren F1’s designer Gordon Murray.