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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.

Hamburg planning to ban cars from city by 2034

Hamburg, Germany is planning to ban all cars from its city center over the next 20 years, according to the Independent U.K. site. It’s a sad turn of affairs when the country that not only has the Autobahn, but also the Green Hell -- the most difficult racetrack in the world -- turns its back on motorized personal transportation.

Dacia Duster SUV already selling well in UK

Despite no one in the UK yet having the chance to see or drive the new Dacia Duster SUV, Renault has taken over 1,000 orders. Renault has revealed that the Duster is selling well ahead of its arrival in the UK, despite none of its dealers having their own Duster to coax buyers in to a purchase. In the 100 days since the order book for the Dacia opened, Renault has taken more than 1,000 orders from all round the UK.