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Giugiaro honored in Korean ceremony

Giorgetto Giugiaro has received honors from the South Korean Government for his contribution to the nation's fledgling automotive industry.  In a ceremony in Seoul, Giugiaro received the prestigious 'Order of Merit' from the President of the Republic of Korea, Lee Myung-bak. The relationship between Italdesign Giugiaro and Korea stretches back to the 1970s, a period of significant growth for the Korean nation, stifled only by its lackluster automotive industry.  It fell to the Italian designer to invigorate an industry that survived on reassembling and rebranding foreign domestic models. Giugiaro's solution was the simple Hyundai Pony.

Ford Mustang Shelby GT500 certified at 662 hp?

When the Ferrari Enzo burst out of the Italian sunrise 10 years ago, its Tipo F140 12-cylinder boasted a spleen-rending 651 hp. Oh, the difference a decade makes. This year, you can pop down to your local Ford dealership, lay down cash roughly equivalent to what would buy you an execrable Lincoln MKS and roll out in a machine with 662 ponies bucking under the hood.

New Ford Mondeo to get new 1.5 litre EcoBoost engine

The new EcoBoost engine will also be turning up in the Ford Fusion for North America, but the UK and Europe are going to have to wait until at least the end of 2014 – when we get the new Mondeo - before the new engine is on offer. The 1.5 litre EcoBoost offers improved economy and emissions compared to the 1.6 litre currently available  - with similar power, performance and torque compared –  but one of the main reasons for offering it is that many countries offer tax breaks for engines under 1.5 litres. The new engine will be built by Ford In Romania initially (although it will get churned out elsewhere too in due course) and offers turbocharging, direct fuel injection and variable valve timing.