2011 Ford Mustang GT with 412HP 5.0-liter V8 Officially Revealed

The Mustang 5.0 or as purists prefer to call it, the 302, makes a comeback for the 2011 model year with the presentation of the new GT that will be shown to the public for the first time at next month's Detroit auto show. No thanks to Ford's special relationships with certain media outlets, we already know the basics of the 2011 Mustang GT.

To recap, the GT's new 5.0-liter V8 engine employs 32-valves and Twin Independent Variable Camshaft Timing (Ti-VCT) delivering 412 horsepower and 390 ft.-lb. of torque, compared to the outgoing 2010 Mustang GT 4.6-liter V8's, 315HP and 325 lb-ft.

New Ford Mustang BOSS 302R: A $79,000 5.0 GT Track Racer

Along with the new 2011 Mustang GT 5.0-liter V8, Ford also took the covers off a track version of its updated pony car called the BOSS 302R in honor of the 40th anniversary of Parnelli Jones' 1970 Trans-Am championship in a Mustang BOSS 302 prepared by Bud Moore Engineering.

New Ford Mustang BOSS 302R: A $79,000 5.0 GT Track Racer

Along with the new 2011 Mustang GT 5.0-liter V8, Ford also took the covers off a track version of its updated pony car called the BOSS 302R in honor of the 40th anniversary of Parnelli Jones' 1970 Trans-Am championship in a Mustang BOSS 302 prepared by Bud Moore Engineering.

New Honda Beat: Next-Generation Kei Roadster Speculated

Remember the original Beat, Honda's pint-sized, two-seater roadster with the mid-engine, rear-wheel drive layout of the 1990s? Well, Japan's Best Car magazine is doing what it does best by speculating on the return of the Beat in Honda's car range.

GM Recalling 22,000 Corvette C6s Because... Targa Top Could Fly Off

Owners of Chevrolet Corvette Coupes from the 2005-2007 model years and Corvette Z06s from the 2005-2006 model years equipped with a detachable roof panel will soon have to pay a visit to their local dealers as GM is recalling approximately 20,090 Vettes over a problem with the top.

Mitsubishi Releases 2.0-liter Versions of New and... Old Outlander in Japan

As a rule, when an automaker goes ahead and facelifts one of its vehicles, the previous version is expelled from the range. Apparently that's not the case with Mitsubishi and its Japanese domestic market Outlander. The company has just released two new variants of the compact crossover, one called Roadest that's based on the new model with the EVO snout featuring a sporty body kit, and the other on the pre-facelift model.

Tommy Kaira Spruces Up 2010 Toyota Prius Hybrid

Just in time for next month's Tokyo Auto Salon 2010, Japanese tuning house Tommy Kaira has finalized its aero and performance offerings for the latest generation Toyota Prius hybrid. We've been following the development of Tommy Kaira's sports package since September when the company released a set computer enhanced images, but now we've got the real deal.