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News watch April 2012: today's auto industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hourMonday 30 April 2012• Kia posted global first quarter 2012 profits up 26%, with sales up 12% worldwide. 635000 new Kias found homes, 79000 in Europe (up 24.6% on 2011 in a total market which contracted 7.1%), with the USA now Kia's largest market ahead of Korea.

Smart Forvision concept

Smart will unveil its new Forvision concept car at the 2011 Frankfurt motor as the manufacturer continues its preview its future design direction. In the last 12 months the company has revealed its Forspeed and eScooter concepts, with the latest addition designed to keep to the original ForTwo's green specifications. The Forvision uses the latest Smart electric drive system, which Daimler claims will add approximately 20 percent to the range of the current electric Smart, with an EV range of around 110 miles. The vehicle's paintwork and glass can reflect heat – on a hot day it can apparently cool the interior by around 20° C. The concept also has a glass roof, with Daimler is in the process of developing transparent solar charging technology.

On video: the world's fastest truck

This is one lorry that you wouldn't get stuck behind on the motorway - Shockwave is the world's fastest jet-powered truck, with a top speed of almost 400mph. Based on a Peterbilt Semi, the four-ton beast generates 36,000hp and can cover quarter of a mile in six and a half seconds. Power comes from three Pratt & Whitney J34-48 jet engines, each of which produces 12,000hp.