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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.

London motor show 2008 'visitor numbers up 14 percent'

London motor show 2008: visitor numbers 'up 14 percent', say the show organisers By Tom Richards Motor Shows 04 August 2008 17:52 Official figures for the recent London motor show today reveal a 14 percent increase in visitor numbers. The British International Motor Show at London's Excel arena attracted 472,300 people over the past fortnight. Although that's some way off the initial target of 550,000 visitors, it's a healthy rise on the 2006 event, attended by 415,000 people.

Motor City to Mile High: Chrysler and Mopar sponsor cross-country rally

Chrysler and Mopar are taking fans on an adventure, or a MoVenture, as they call it. The company is hosting a scavenger hunt across America, beginning on July 15. The road rally begins in Detroit and ends in Golden, Colo., at the Mopar Mile High NHRA Nationals, which runs July 22-24.