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General Motors to invest more than $850 million to build new V8s

General Motors Co. said Tuesday it will invest more than $850 million to upgrade five North American factories to make its next-generation V8 engines more fuel efficient. The new V8s will differ from the current versions by using direct injection and a new combustion system, spokeswoman Sharon Basel said.

Toyota Matrix likely to be dropped

Toyota will roll out Tundra and Corolla redesigns next year and will revise the RAV4, Avalon and Highlander, but there are some things the division probably won't do. For example, there is a strong possibility that the Corolla-based Matrix hatchback will not be renewed for the United States when the Corolla redesign comes next fall. "If we don't have the Matrix, it won't be the end of the world," said Toyota Division boss Bill Fay at the press introduction of the RAV4 in Phoenix.

McLaren 12C Spider gets topless, goes sideways

McLaren has released a glossy launch video to accompany the release of the new 12C Spider supercar. It looks as if the boys and girls from Woking are determined to destroy the reputation for anodyne, 'boring' supercars at McLaren, given that the 12C Spider spends most of its time going very sideways in this clip. Then again, given the 12C Spider's hardware, it's not hard to see why it's such a lairy beast when off the leash.