(autoinsidernews) - General Motors has announced that it will invest another $300 million in its Tonawanda Engine Plant near Niagara Falls, NY to manufacture an all-new, double overhead cam (DOHC) V8 engine. GM has already invested $1.2 billion in the engine plant over the last decade to tool up for the other engines currently built at the plant.
As one of the most technically advanced engines in GM, its [the new V8] power and smoothness will be among the world's best, and yet more fuel efficient and environmentally friendly, said John Buttermore, GM Powertrain vice president of global manufacturing, reports Trend.
The all-new high-feature V8 is targeted to play a critical role in future GM luxury vehicles, and is likely a replacement for GM's Northstar V8. Renovation of the Tonawanda plant will begin in the fall, with production of the new engine scheduled to begin in 2009.