GM's next-generation small-block will get direct-injection.

General Motors has confirmed that its next-generation of Gen-V small-block engines will come equipped with fuel-saving direct-injection technology. The engine tech should also be good for a few extra ponies.

"The Gen-V small block is an all-new, state-of-the-art engine family that will offer more efficiency and refinement than any other small block in its more than half-century of production," said Jordan Lee, chief engineer. "For customers, that will mean cars and trucks that deliver more while using less gas to do it."

GM has yet to release full details on its Gen-V engine family, but it is believed the unit destined for the Chevrolet Corvette will displace 5.5L. Although smaller than the Vette's current 6.2L Gen-IV V8, the new mill is expected to match or exceed the car's 430 horsepower rating.

GM has already committed $1 billion to build the next-generation engine family, with that investment expected to create or retain 1,711 jobs. However, the Detroit automaker isn't committing to a solid launch date, saying only that the "Gen-V small block will go into production in the near future."