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Camo'd Chevy Camaro ZL1 is one bad boy

Thanks to a fresh gallery of spy shots, we're getting a much better look at the next Chevrolet Camaro ZL1 during its development, and this machine is looking seriously mean. Unlike the last photos, the heavy cladding is gone from the body this time and is replaced by a camouflage wrap. That switch makes checking out the details a whole lot easier. The first thing you'll notice at the front is the massive grille that looks ready to devour anything that gets in the way. To add a little more menace, the lower air dam appears to jut out a bit more, as well. While harder to see in these latest shots, our spies say the hood still boasts an extractor similar to what's found on the Cadillac CTS-V. The big, double spoke wheels look great in black and really dominate the styling in profile. Look past them, and you notice some tweaked side sills, as well. At the very back, you can also spot some styling adjustments to the rear bumper. There's an unmissable wing back there, too. The powerplant for the ZL1 is still a mystery, but it's rumored to use the LT4 6.2-liter supercharged V8. The similar hood design as the CTS-V is one piece of evidence to support that. Even with the same engine, Chevy's engineers could tweak the output higher or lower than the Caddy. The wait to find out isn't too long because the ZL1 is anticipated to launch for the 2017 model year. Related Video:

GM profit dips on truck changeover, but beats estimates

DETROIT — General Motors on Thursday reported a higher-than-expected quarterly profit despite a drop in production of high-margin pickup trucks, as it gears up for new models that are expected to boost profits next year. Like rivals Ford and Fiat Chrysler Automobiles, GM is banking on highly-profitable Chevy Silverado and GMC Sierra pickup trucks to lift profits, as consumers shift away from traditional passenger cars in favor of these larger, more comfortable trucks, SUVs and crossovers. During the first quarter, the process of changing over to GM's new pickups resulted in a drop in production of 47,000 units. GM Chief Financial Officer Chuck Stevens said the production drop had resulted in a drop in pre-tax profit of up to $800 million. Earlier this year, GM said its 2018 profits would be flat compared with 2017, but expected its all-new pickup trucks would boost margins starting in 2019. On Thursday, GM reiterated its full-year 2018 forecast for adjusted earnings in a range from $6.30 to $6.60 per share. The automaker said capital expenditures were more than $500 million higher in the quarter because of investments its new pickup trucks and a family of low-cost vehicles under development with Chinese partner SAIC Motor Corp. On Wednesday, rival Ford said it would stop investing in most traditional passenger sedans in North America. CFO Stevens told reporters on Thursday that GM has "already indicated that we will make significantly lower investments on a go-forward basis" in sedans. 2019 GMC Sierra View 21 Photos GM benefited from a lower effective tax rate in the quarter, but adjusted pre-tax margin fell to 7.2 percent from 9.5 percent a year earlier. Stevens said the company's profit margin should hit 10 percent or higher in the second quarter and for the full year. GM said material costs were $700 million higher in the first quarter, and it expects those costs to continue rising. The automaker said it would counter those increases with cost cutting measures. "It is a more difficult environment than it was three or four months ago," Stevens said when asked about rising commodity prices from potential steel and aluminum tariffs announced by the Trump administration. "But we are confident we can continue to offset that." The company reported quarterly net income of $1.05 billion or $1.43 per share, a drop of nearly 60 percent from $2.61 billion or $1.75 per share a year earlier. Analysts had on average expected earnings per share of $1.24.

That time we lapped Indy with Tony Kanaan in a Corvette Z06

We're here in Indianapolis, IN, attending this weekend's 99th running of the Indy 500. The big event happens tomorrow, but the city is buzzing today with all sorts of pre-race festivities. For us, that means checking out Indianapolis Motor Speedway a day early, and getting a hot lap around the racetrack in the official Indy 500 pace car – a 2015 Chevrolet Corvette Z06. Our driver for the occasion is IndyCar racer Tony Kanaan, who won the Indianapolis 500 in 2013. Of course, he'll be competing tomorrow, leaving pace duties to none other than Jeff Gordon. Check out our minute-and-a-half-long lap of the Indy 500 track in the video above, where Kanaan hugs the wall in true race style, getting the Z06 past 150 miles per hour on the back straight. Stay tuned for more Indy 500 coverage later this weekend.