06 Silverado Sierra 8.1l 4x2 Allison Automatic Transmission Oil Cooler on 2040-parts.com

Mercedes unveils powerful new AMG 4.0-litre twin-turbo V8

By John Mahoney Motor Industry 25 July 2014 17:09 Mercedes AMG has released details of an all-new 503bhp 4.0-litre twin-turbo V8 that will help fill the void when the production of its normally aspirated 6.2-litre V8 ends. Lightweight, compact and more efficient than the big 6.2-litre it replaces, the new smaller capacity turbocharged V8 produces 479lb ft from just 1750rpm. The first car to receive the new engine will be the Porsche 911-rivalling Mercedes AMG GT, but other smaller cars like the C63 AMG are also set to benefit from its compact design.

Ferrari sold for record £22 million

A RARE FERRARI has been sold at auction for a record price of £22.84 million. One of just 39 models made and regarded as one of the greatest Ferraris, the 1962 Ferrari 250 GTO Berlinetta went under the hammer at Bonhams' auction in Carmel, California. A huge crowd watching the bidding broke into applause at the confirmation of the final price, which outdid the previous record for a car sold at auction.

Jaguar Land Rover in talks to buy Aston Martin

Talks have taken place between Tata – owners of Jaguar Land Rover – and the Kuwait Investment Dar – owners of Aston Martin. We reported a year ago that Aston Martin needed a big car maker behind it to have any chance of survival, and just last week the world caught up with that story as it was revealed the Kuwait Investment Dar – majority shareholder in Aston Martin – was seeking a buyer for Aston Martin. We said a year ago that Jaguar Land Rover was the best fit as a buyer for Aston Martin, but we doubted JLR would want to go back to being the poor relation to AML – as it was in the days of Ford’ ownership of the brands – where a Jag was a poor man’s Aston.