Today's News
Today's News - May 8, 2013
**KBB in the News**
The New York Times: Toyota profit increases sharply
Bloomberg: Toyota forecasts profit will rise to highest in six years
CBS Detroit: Toyota posts $13.3 billion 2012 profit
The Detroit Free Press: Lexus betting on new IS to pump up the pizzazz
PlugInCars.com: Should GM cut the price or de-content the Chevy Volt?
Automotive Digest: Revised Blue Book Used Car Report on mild spring market
**KBB Editorial**
Tesla to offer Performance Plus Package for Model S
2014 Silverado/Sierra pickups to have most standard V6 torque
Volkswagen teases Design Vision GTI Concept
**Top News**
Toyota quarterly profit rises to $3.17 billion
Toyota profit more than doubles
GM to build Cadillac plant in China
GM wins approval to build $1.3 billion Cadillac plant in China
**OEM/Vehicle News**
‘Silverado High Country’ gets Chevy into luxury pick-up race
Ferrari plans delivery cut to maintain brand exclusivity
Hasty deal to save Chrysler in depths of crisis returns to haunt
Subaru to invest $400 million to build Impreza at Indiana plant
GM recalls eAssist mild hybrids for battery fire risk
**Dealer/Industry News**
Another company backed by DOE loans shuts down
**Ad/Media/Marketing News**
Ralph Lauren shows off $700k supercar
***Want even more news from Kelley Blue Book’s KBB.com? Follow us on Twitter: www.twitter.com/kelleybluebook
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