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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.

College Exhibition: Coventry University Degree Show 2007

Undergraduate students from Coventry University's Transportation Design program had their initial show in the end of May this year, but the range of projects was so vast that a selection of work from the annual degree show was then chosen and displayed in Coventry Transport Museum on June 15. Car Design News was there to see what had been selected. Inspired by the Alfa BT4B with which Niki Lauda won the Swedish Formula One Grand Prix in 1978, Stephan Everwin created a modern interpretation of the 'Fan Car'.  Its rakish lines all culminate in a smooth aerodynamic shape that incorporates a huge fan between the rear wheels creating a massive vacuum under the car providing downforce at high speed.

Video: Gordon Wagener on the Mercedes Concept Style Coupe

Mercedes-Benz has released a short video in which Head of Design Gordon Wagener presents the new Concept Style Coupe. The Concept Style Coupe, officially introduced at the recent Beijing auto show, was first seen at the Avant/Garde festival prior to Beijing in an unusual move for the brand. "In this case we thought the car was so progressive and avant-gardistic that we decided to put it here into this art show," says Wagener.