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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.

Lotus to invest £500 million to build Esprit, Eterne, Elite & Elan. 1900 new jobs

The new Lotus Esprit Dany Bahar – Lotus boss – revealed plans at last year’s Paris Motor Show to turn Lotus in to an East Anglian Aston Martin. Those plans included one car we knew about – the new Lotus Esprit – and a number we didn’t – the Lotus Eterne, Lotus Elite, Lotus Elan and a new Lotus Elite. But the plans seemed to be nothing more than a wish list, and although it was intimated that Lotus owners Proton were going to provide a war chest of £770 million to fund the development, that later appeared to be an intent to provide Lotus with funds to develop a new range of cars, rather than an actual commitment.

General Motors cancels plans for Buick compact crossover

General Motors has canceled plans for a compact crossover for Buick, vice chairman Tom Stephens said Wednesday in a posting on the company's blog. The five-passenger crossover was just announced earlier this month at an event in Northern Michigan. But GM reversed plans after negative feedback about the vehicle said that it didn't fit the premium characteristics associated with the brand.