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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.

New 2014 MINI revealed in pictures

The all-new 2014 MINI will today be revealed from the huge MINI factory in Oxford. The big reveal happens at 3pm and MSN Cars will be reporting from the event LIVE… …But the firm has already given us a couple of teasers that reveal some of the new car and give us an idea of what we can look forward to. They suggest evolution not revolution for the looks but suggest never-before-seen technology and gadgetry for the new MINI.

Ford begins Daventry site transformation

FORD IS to invest millions of pounds in a new, state-of-the-art training facility on its existing site in Daventry, Northamptonshire, as part of a wider forward-looking programme. The new site will merge the capabilities of two existing Ford colleges – the Technical Training Centre located separately at Daventry, and the Henry Ford College in Loughborough, which provides training for technicians, sales staff and management throughout Ford’s national dealer network. Scheduled to open next year, the brand-new centre will replace the existing facilities to become a centre of excellence for training across the country.