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Toyota, Microsoft team on telematics software

Toyota Motor Corp. and Microsoft Corp. are teaming up to develop a next-generation telematics software platform that the automaker expects will debut on Toyota electric and plug-in hybrid vehicles next year.

SEMA buys Performance Racing Industry

The Specialty Equipment Marketing Association (SEMA) on Tuesday finalized plans to purchase Performance Racing Industry, and the transaction will close later this month. John Kilroy, who has experience as editor and associate publisher of PRI Magazine and as vice president of the organization, will continue to lead it. For now, according to representatives from SEMA, it's business as usual.

Porsche Cayman Black Edition revealed

Porsche has revealed its latest limited-run sports car: the Cayman S Black Edition. Created as a send-off for the current Cayman lineup, which is set to be replaced within the next 12 months, the coupe is planned to go on sale in July with a more powerful engine, a larger wheel-and-tire package and greater standard-equipment levels than those of the existing Cayman S. Taking a page from Henry Ford, the Cayman S Black Edition is available in any color you like--as long as it's black Inside, the Porsche gets black trims, black sport seats, a sport steering wheel, darkened instrument graphics, stainless-steel scuff plates with “Black Edition” inscriptions and a commemorative badge identifying it as one of a limited build of 500 units.