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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.

Infiniti EV put on hold to concentrate on volume sales

An Infiniti EV based on the Nissan LEAF (previewed by the LE Concept above) have been put on hold Nissan’s luxury arm, Infiniti, is on a global push to try and make inroads in to the dominance of Lexus in the luxury Japanese car arena, and has ambitious plans to be selling 500,000 cars a year by 2017. But Infiniti sold only a third of that total in 2012, so any chance of hitting the lofty target of 500k cars in the next five years means they must concentrate on volume cars, not niche cars like a Nissan LEAF based EV. That means the LEAF-based Infiniti LE EV Concept we saw at the New York Auto Show in 2012 will stay as a concept for the foreseeable future as Infiniti boss, Johan de Nysschen, seeks volume cars that will push the brand forward and bring proper sales numbers.

McLaren P1 GTR OFFICIALLY previewed – debuts at Pebble Beach Concours d’Elegance

The McLaren P1 GTR (pictured) will debut at Pebble Beach 2014 We learnt last month that McLaren had decided to produce a P1 for the track – a la the Ferrari FXX programme – and in the process revive the GTR moniker from the iconic McLaren F1 GTR to create the new McLaren P1 GTR. Now McLaren are previewing the debut of the P1 GTR at next month’s Pebble Beach Concours d’Elegance with a  design sketch of the P1 GTR ahead of its real life reveal in California. Following in the giant steps of the F1 GTR – and those of the road-going P1 – will be no easy task, but what’s on offer certainly offers lots of promise.