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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.

Concept Car of the Week: Alfa Romeo Navajo (1976)

In 1976, the space shuttle Enterprise was unveiled, Concorde made its first commercial flight and the Cray supercomputer went into service. These events represent a time when ideas transitioned from science fiction to reality. While significant progress was being demonstrated elsewhere, the motoring world gave us the first Ford Fiesta.

Toyota Yaris Hybrid-R for 2013 Frankfurt Motor Show

Toyota As we predicted last week, Toyota will unveil a 400hp Yaris Hybrid-R supermini concept at the 2013 Frankfurt Motor Show next month after dedicating its appearance at the German auto expo to "the presentation of hybrid technology". The Japanese firm has been at the forefront of hybrid technology in the modern era with its eco-focused Prius family hatchback, but has also brought petrol-electric propulsion systems to the fore in top line world motorsport with its TS030 Le Mans racer. On Bing: see pictures of the Toyota Yaris Hybrid-R Find out how much a used Toyota Yaris costs on Auto Trader Powered by Toyota’s 1.6-litre Global Racing Engine and supplemented by a pair of electric motors, the Yaris Hybrid-R actually uses similar technology to the firm’s hybrid Le Mans prototype, with kinetic energy recovered under breaking ‘stored’ in a super capacitor as electricity.