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Mercedes’ AMG division unveils new twin-turbo V8

Those obsessed with torque bemoaned Mercedes’ high-revving 6.2-litre V8 when it was launched in 2005, but just as the world has come to accept the naturally aspirated engine, the company has now unveiled a new twin-turbo 5.5-litre V8. Up to 563bhp – which is the same as the SLS AMG – and 663lb ft, which is much more than the 479lb ft the modern-day Gullwing supercar manages. The engine is an all-new 5.5-litre V8 (5461cc to be exact) with direct-injection technology, an aluminium crankcase and two turbochargers.

Jaguar/Land Rover Virtual Reality Center

Jaguar Land Rover has opened a new 'Virtual Reality Center' at the Design and Engineering Center in Gaydon, UK. The 'state-of-the-art' design facility draws on advanced audio visual technologies with the projection power of the world's highest resolution projectors to significantly speed up product development cycles following an investment of £2 million. The new Virtual Reality Center allows engineers and designers to see and interact with life-size, three-dimensional models of vehicles and components, reducing the need for physical prototypes.

Guzzler program still operating; White House searches for funds

The federal cash-for-guzzlers program continues to operate this morning despite dealer reports that it was to be suspended at midnight last night because it was approaching its $1 billion limit. "It is not suspended," a White House spokeswoman, who asked not to be named, said in an interview today. "We continue to assess the program and its budget." National Automobile Dealers Association spokesman Bailey Wood said Thursday that the group had been told by Transportation Department officials of plans to suspend the program after just six days.