The 2011 Mustang GT arrives with an all-new advanced 5.0-liter V-8 engine and feature a serious performance boost to the Ford’s pony car that was significantly refreshed for 2010. The modern 5.0-liter four-valve Twin Independent Variable Camshaft Timing (Ti-VCT) V-8 engine in the new Ford Mustang GT will deliver 412 horsepower and 390 ft.-lb. of torque. With the new engine, the speedometer now reads up to 160 mph and the tachometer’s redline is marked 500 rpm higher at 7000 rpm. This new Ford engine is the next chapter in the development of the world-class Mustang powertrain portfolio. The aluminum block was developed for optimized windage and oil drainback under lateral conditions and high rpm, such as a track-day outing for an enthusiastic owner and driver. Increased main bearing bulkhead widths and nodular iron cross-bolted main bearing caps with upsized bolts were also employed to accommodate the significant performance increase. The six-speed automatic transmission on the 2011 Ford Mustang GT will deliver up to an estimated 25 mpg highway and 17 in the city. New for 2011 is a Brembo Brake package with 14-inch vented rotors grabbed by four-piston calipers up front and 11.8-inch vented rear rotors grasped by two-piston calipers in back. Price range: $20,995 – $37,845. [Source: Popular Mechanics]