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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.

Tokyo Auto Salon pits performance autos against hybrids

The world's other big January auto show, the 2010 Tokyo Auto Salon, opened its doors to tuner enthusiasts in mid-month with a record 402 exhibitors. The Auto Salon fuses numerous styles, but the overriding theme this year was hybrid cars, with customized Toyota Priuses and Honda Insights at every turn. Good old-fashioned engine tuning is alive and well in Japan, where even new sports cars are being heavily modified, with cars such as the KRL Mitsubishi Evolution X and the HKS Nissan GT-R both boasting in excess of 600 hp.

Volkswagen Golf Cabrio (2011): first official pictures

Volkswagen has released the first photos of the 2011 Golf Cabriolet, prior to its official launch at the 2011 Geneva motor show. It's that sort of car, the Golf Cabrio. But we can assure you this is actually a new vehicle.