Ah yes, the classic small block Chevy. No other engine in history carries as much nostalgia and General Motors looks poised to push its mouse motor well into the future by adding new technologies designed to clean up the mill's emissions and improve fuel mileage. Expect these engines to show up in applications from sportscars like the Camaro and Corvette to pickup trucks and SUVs.
According to GM, all of its next-generation small block V8s will use aluminum engine blocks in addition to being E85 compatible. We can also expect to see direct injection added to the small block's repertoire for improved efficiency and power production. Finally, the combustion chambers will see a redesign that will promote fuel efficiency.
Naturally, an update to an existing engine line requires a suitable investment, and this one is no different. GM will be investing nearly $900 million and will add or retain more than 1,600 jobs in Towanda, NY; St. Catherines, Ontario; Defiance, Ohio; Bedford, Indiana and Bay City, Michigan.
http://www.autoblog.com/2010/04/27/gm-investing-890m-in-next-gen-small-block-v8s/