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The new Camaro could receive a new 6.2 liter V8 with direct-injection boasting more than 450 horsepower, a new report says. The new engine will be based on GM's existing all-aluminum Gen IV Vortec 6.2 liter V8 (L92) that powers the Cadillac Escalade.

According to Wards, the prototype engine is currently being tested in a Cadillac Escalade at GM's proving grounds. One GM engineer claims the new engine is developing "well north" of 450 horsepower, a 10% increase in low-end torque, and still manages a 3-6% increase in fuel economy over the current engine.

The new engine features eight high-pressure injectors that feed fuel directly into the side of the combustion chamber at 2,250 pounds per square inch.