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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.

Rolls Royce RR4 spotted

Rolls Royce RR4 (Rolls Royce Ghost?) caught testing before its unveiling at Geneva [ad#ad-1] This is a busy time for testers of upcoming cars in chilly climes. We’ve recently seen the next generation Porsche 911 (998) and Boxster out in the snow, and this time it’s the turn of the new ‘Baby’ Rolls Royce, the RR4. The new Rolls Royce (which is codenamed RR4 internally, but could well be the Rolls Royce Ghost) is based on the underpinnings of the latest BMW 7 series.

Honda launches heritage-collection clothing line

If a Honda Accord or Civic, or maybe even a Goldwing motorcycle, isn't enough of a fashion statement for you, Honda has a new line of clothes rolling out this spring. The Honda Heritage Clothing Collection debuted with a launch party and fashion show this week in Los Angeles. Capitalizing on the vintage T-shirt trend, Honda's new collection includes tees, shop shirts, shrunken sweatshirts and tote bags branded with graphics inspired by the carmaker's logos and advertising campaigns of the 1960s, '70s and '80s.