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U.S. markets recover from steep losses
DEARBORN, Mich., Dec. 28 (UPI) -- U.S. automaker Ford Motor Co. said Monday its 2011 Mustang GT would include a competitive 5.0 liter, 412 horsepower V8 engine.
The iconic American sports car will have a six-speed transmission, available as an automatic or a manual.
In addition, it will add features, such as integrated blind spot mirrors and a universal garage door opener, The Detroit News reported.
But the increased power under the hood is likely to draw the most attention from muscle-car enthusiasts.
"I've been waiting 48 years for this. When I joined Ford, as soon as I heard about this engine, I knew we had something special," said Jim Farley, Ford's vice president of marketing.
The current Mustang GT puts out 315 horses, which did not have the power of the Chevrolet Camaro SS with 426 horsepower and the Dodge Challenger SRT8 with 425, the newspaper said.
"The Mustang is a gorgeous vehicle that unfortunately this year ... was down on horsepower versus its competitors. But all that gets fixed next year," said John Wolkonowicz, an automobile industry analyst at IHS Global Insight.
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