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Lexus GS

Lexus has unveiled the all-new GS sedan at this year's Pebble Beach Concours d'Elegance. It is the fourth generation of the company's mid-size offering - the first generation was initially designed by Giugiaro in 1990. Lexus says the new car brings ‘a more engaging driving experience, bolder design and a more spacious, contemporary interior'.

GM posts quarterly net income of $1.96 billion

General Motors Co., in its final financial snapshot before next week's initial public offering of stock, posted third quarter net income of $1.96 billion on revenues of $34.06 billion. The results, released Wednesday, were in line with a forecast issued last week. GM now has earned $4.16 billion on revenues of $98.71 billion through three straight profitable quarters this year--a dramatic swing after five consecutive annual losses.

Autoweek's Best of the Best winners announced

Today, Autoweek announced the winners of our yearly Best of the Best competition with the Porsche Boxster S and Mercedes-Benz GL taking top honors. Presenting the awards, editor Wes Raynal said, “It was a tough call to make this year with so many incredible cars and trucks that debuted. After a year of evaluating everything on the market, the Porsche Boxster S and Mercedes-Benz GL rose to the top, really earning these two awards.” For Best of the Best awards, the Autoweek editors considered publicly available, all-new or substantially new 2013 model cars and trucks.