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Spied: 2017 Hyundai Equus, Kia K900


GM scores record profit on strong truck sales

General Motors reported record first-quarter profits Friday, thanks largely to strong sales of tricks, SUVs and crossovers. Reuters reports that GM shares dropped slightly despite a pretax profit of 8.2 percent--the company's best-ever first-quarter margin either before or after its 2009 bankruptcy.


Toyota Connected to expand Plano office

Toyota's data hub ("Toyota Connected") will expand its Plano, Texas, presence, the company announced Friday. Toyota expects to double the subsidiary's headcount as it finds new ways to exploit the data gathered from the company's global operations.   


Tesla fires automation executive

Tesla has fired a top executive in charge of automation. Insiders claim Klaus Grohmann -- whose company, Grohmann Engineering, was purchased by Tesla last year -- disagreed with Elon Musk over how to treat existing clients like Daimler and BMW.


Kia to open new factory in India

Kia will spend $1.1 billion to build an assembly plant in India. The factory will be up and running in 2019, according to the Associated Press, and it will produce about 300,000 cars a year.   


Tesla S loses 15% range at 150,000 miles

A recent study sheds insight into how long the Tesla Model S' battery pack lasts. On average, 90 to 95 percent of the battery's capacity remains at 93,000 miles. Green Car Reports writes the pack will lose less than 15 percent of its capacity over the car's 150,000-mile life cycle.


Ultra-rare 911 barn find heads to auction

An extremely rare 1993 Porsche 911 RSR with just six miles on the clock is headed to auction soon. One of just 51 built, the time capsule spent 25 years in a barn for unknown reasons. Auction house RM Sotheby's expects it will fetch about $2.3 million.


Chrysler expands Pacifica lineup

Chrysler has added a sixth trim level to the Pacifica lineup. Named Touring Plus, the model receives three-zone climate control, a power liftgate, sunshades for the second- and third-row seats, fog lights, and a mesh-look lower front fascia, among other features. Pricing starts at $33,455.   


Volkswagen T-Roc to debut soon

Volkswagen will introduce an entry-level crossover named T-Roc in the coming months. Aimed at the Juke, the T-Roc is Wolfsburg's version of the Audi Q2.   


Mazda to launch CX-8 in Japan

Mazda will introduce a new model named CX-8 on the Japanese market. Essentially a stretched CX-5, the CX-8 will offer seating for up to seven passengers, a turbodiesel 2.2-liter engine, and a six-speed automatic transmission. As of writing, it's too early to tell whether the soft-roader will be sold on our shores.   


Skoda announces Karoq crossover

Volkswagen's Czech Republic-based Skoda division has announced a new crossover named Karoq. The soft-roader will replace the Yeti when it goes on sale in Europe and abroad later this year.