General Motors Corp. will invest $300 million for tooling and renovation of its Tonawanda (NY) Powertrain Plant to produce an all-new V-8 engine in 2009. The auto maker also is directing $16 million into the Flint (MI) South plant to assume production of Tonawanda’s 3.7L inline 5-cyl. engine this summer. A spokeswoman says the Tonawanda-produced V-8 will power future luxury vehicles, but she declines to name specific brands or models that will get the engine. However, she says ...

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