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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.

SAIC's Mobiliant wins 2013 LA Design Challenge

SAIC has been revealed as the winner of this year's LA Design Challenge. The Chinese carmaker's entry, a single-seat urban public transit vehicle, was declared the victor after intense judging sessions took place throughout the LA auto show's second press day. The panel – which included Tom Matano, executive director, School of Industrial Design at San Francisco's Academy of Art University, and Stewart Reed, chair of Transportation Design at Pasadena's Art Center College of Design – combed through the entries, discussing their merits and how closely they fit the brief, before hearing the teams' presentations in the afternoon.

Games Galore: Video games are the one growth industry in the car business

If the movie industry was the entertainment king of the 20th century, the video-gaming industry is where disposable income is headed for the 21st century. Nowhere was this more apparent than the Electronic Entertainment Expo--E3 for short--going on right now in Los Angeles. True, the vast majority of the games at E3 involved vixens and/or steroid-shot musclemen shooting and/or chainsawing bad guys and/or zombies.