GM is investing $505 million to develop next-generation V8 engines in Canada, according to TDS.

GM is investing $505 million to develop next-generation V8 engines in Canada, according to TDS.

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      Good morning and welcome to The Downshift, or TDS for short.

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      🚘 What I’m driving: I’m still enjoying the week with the 2026 Audi RS6 Avant Performance, and to put it simply: what a machine! Yes, this beauty comes with a $160k price tag, and I’ve already drained a tank of premium fuel, but school runs have never been more enjoyable. It’s like driving a Hellcat while wearing a three-piece suit!

      ⚙️ GM announced it will invest $505 million to produce its sixth-generation V8 engines in Ontario, Canada; these new V8s will power the automaker’s upcoming trucks and SUVs, though details on engine displacement or output have yet to be revealed.

      💰 Ford reported a net income of $2.5 billion for the first quarter and raised its full-year earnings outlook due to an anticipated $1.3 billion tariff refund from the Trump administration.

      💰 Stellantis posted a net profit of $440 million in the first quarter after experiencing a $453 million loss a year earlier, attributing the improvement to strong demand for Jeep and Ram models.

      🤢 Stellantis employees are voicing health concerns such as nosebleeds, migraines, vomiting, skin problems, digestive issues, coughing, and fatigue linked to a return-to-office policy at its 1990s-era headquarters.

      ⚫️ The 2027 Hyundai Ioniq 9 Calligraphy Black Ink trim was introduced, featuring a completely black design.

      🐎 The Ferrari Purosangue SUV introduced a Speciale handling package to enhance the performance of its V12-powered model in corners.

      ⛽️ It’s the final call as Porsche prepares to wrap up production of the gas-powered Macan; the company is stockpiling as many units as possible to ensure adequate inventory.

      📱 Hyundai unveiled its next-generation infotainment system, called Pleos, which features a Tesla-like interface complemented by numerous physical buttons.

      🚛 Tesla announced that its Semi is officially entering mass production, nearly nine years after its initial unveiling.

      🔌 The 2027 Chevrolet Blazer EV will exchange its CCS charge port for a Tesla-style NACS charge port.

      🤕 The Mercedes-Benz AMG SL is expected to receive a facelift that will soften its design and introduce a new V8 engine.

      ⚙️ Future electric Hyundais that are not N models will reportedly feature simulated gearshifts and engine sounds as well.

      🏎️ Porsche teased a retro Apple Computer livery for its IMSA race at Laguna Seca this weekend.

      Have a news tip or feedback? Reach out at tips@thedrive.com

GM is investing $505 million to develop next-generation V8 engines in Canada, according to TDS.

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GM is investing $505 million to develop next-generation V8 engines in Canada, according to TDS.

The latest V8 engines are intended for GM's larger trucks and SUVs.