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Mustang's 5.0-liter V8 now ready for your car

The new, all-aluminum 5.0-liter V8 that is the heart of the 2011 Ford Mustang GT--and is destined for future duty in Ford's F-Series pickups--has popped up as a new entry in the Ford Racing Performance Parts catalog. With a suggested retail price of just a buck less than $7,000, you can get the same 412 hp and 390 lb-ft of torque sits under the hood of new Mustangs. And since the engine mount bosses and bellhousing mount pattern are common with Ford's 4.6-liter V8, the 5.0-liter is an easy swap for older Mustangs.

Lamborghini Gallardo LP 550-2 Spyder at L.A.

Lamborghini Gallardo LP 550-2 Spyder arrives at LA Auto Show We’ve been expecting a drop-top version of the rear-wheel drive Gallardo – which first saw the light of day as a Balboni Limited Edition – for a while. And what better place to debut the Lamborghini Gallardo LP 550-2 Spyder than in a place where the sun always shines? So Lamborghini arrives at the L.A Motor show with a car that could have been built for California.

Tesla loses $38 million in third quarter

Tesla Motors, Inc. posted a net loss of $38 million on $431 million in revenue during the third quarter -- a steeper loss on slightly higher revenue than in the second quarter. In the third quarter of 2012, when Tesla was just starting production of the Model S, the automaker lost $111 million on $50 million in revenue.