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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.

Ferrari F150 / F70: Details confirmed

Ferrari has confirmed more details of the Enzo successor – the Ferrari F70 / F70 – in the Ferrari Magazine and their web site. As we’ve already reported today that the McLaren P1′s design is almost the same as the concept P1, we thought we should also report on the latest news on the McLaren’s biggest rival – the Ferrari F70 / F150 – now Ferrari has confirmed more detail. Most of what Ferrari has revealed on their web site (and in the latest edition of the Ferrari Magazine) has already been speculated upon, but now we know from the (prancing) horse’s mouth some of the technical details, as well as the look of the new Ferrari from the recent tease of the F70/F150.

Hyundai global design teams develop 'My Baby' internal project contest ideas

Hyundai has revealed the designs submitted for its 'My Baby' global internal design project. The project – a biennial contest that started in 2008 – asked the carmaker's design teams to use ‘new thinking' to preview a future without technological or manufacturing limits. Hyundai designers from bases in Korea, the USA, China, Japan, Europe and India were also tasked with reinterpreting and developing the carmaker's ‘Fluidic Sculpture' design language.