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Toyota overhauls engine plans

For years, Toyota Motor Corp. has put hybrids at the center of its powertrain-technology strategy, all but oblivious to the rapid fuel-economy advancements rivals have made in the humble gasoline engine. Meanwhile, Ford, Honda, Mazda, Hyundai, Volkswagen and others have turned to gasoline direct fuel injection and turbochargers.

GM preps for new engines, 8-speed transmission

General Motors is spending $332 million to upgrade powertrain plants in three states to build a new eight-speed automatic transmission, a new V6 and a new family of small-displacement gasoline engines. The plants are in Indiana, Michigan and Ohio. GM is also adding $46 million to an earlier $600 million program to upgrade powertrain plants in Saginaw and Romulus, Mich.

First SRT Viper sells for $300,000 at California auction

The first 2013 SRT Viper sold for $300,000 at the Barrett-Jackson auction in Costa Mesa, Calif., on June 23. The final price made the Viper the top seller of the event. Proceeds from the sale will go to the Austin Hatcher Foundation, which helps families and children affected by pediatric cancer.