According to one of Motor Trend's inside sources, the Corvette C7 will come equipped with GM's new 5.5L small block V8. The new mill will feature a number of technical advancements -- including direct-injection and a new combustion system - but will retain its old school overhead valve design to cut costs and keep the engine compact.
Chevy's new 5.5L has already made its world debut, appearing between the fenders of the C6.R racecar. GM has also committed $890 million to develop and produce the new small block. Expect to see the C7 Corvette in 2012.
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