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Detroit auto show: Ford pumps up the 2011 Mustang GT with 412 hp

To Ford Mustang fans, 5.0 has a special place in their hearts and Ford has delivered a new car for them to love: the 2011 Mustang GT. The 5.0-liter V8 Mustang GT will deliver 412 hp and 390 lb-ft of torque. The engine produces 83 hp per liter yet will return 25 mpg on the highway and 17 mpg in the city, according to Ford marketing boss Jim Farley.

Land Rover DC100 concept

Land Rover's new DC100 concept vehicle is due to make its debut at the 2011 Frankfurt motor show, with the manufacturer also confirming that a new Defender is anticipated for 2015. The DC100 concept will be building upon the existing characteristics of the car and it is hoped that the concept will act as a catalyst for debate concerning the future of Defender models. The design team is headed by Gerry McGovern, Land Rover's director of design, who says, "This isn't a production-ready concept but the beginning of a four-year journey to design a relevant Defender for the 21st century." John Edwards, global brand director at Land Rover, explains that the manufacturer wants to engage with existing customers to finalise the details of the new vehicle as part of their plans to direct the future of the Defender.

Chrysler and Fiat get a new logo, Dutch incorporation, UK tax shelter

Chrysler Group reported an increase in earnings for the fourth quarter as the launch of the2014 Jeep Cherokee and higher U.S. sales helped the automaker to its third straight annual profit. In a separate announcement today, Chrysler and Fiat said their combined company will be renamed Fiat Chrysler Automobiles NV.