Ferrari may have announced its last V12-powered supercar, but the monster engine configuration is set to live on in the automotive sphere – along with its smaller and much-loved sibling, the V8.

According to the company's chief technology officer, Markus Schafer, Mercedes-Benz is planning to keep building V8 and V12 engines into the next decade, per the UK's Autocar – with markets like China and the Middle East giving these engines a lifeline.

Mercedes-Benz confirmed earlier this year it would produce a "next-generation, high-tech electrified V8" that will meet strict Euro 7 emissions standards.

It also confirmed it would continue production of V12 engines for "selected" markets, despite the German luxury carmaker currently producing only one 12-cylinder model: the Mercedes-May

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