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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.

New design chiefs for Peugeot and Citroen

PSA Peugeot Citroen is under new design leadership this week. As of 4 January 2010, Gilles Vidal has taken over as design director for Peugeot and Thierry Metroz is the new pencil wielder-in-chief at Citroen. Both will report to Jean-Pierre Ploué, who remains design director for the PSA group.

Automakers rack up solid gains to finish 2010

Fueled by holiday and year-end discounts, as well as the introduction of new models, automakers finished 2010 on a high note by posting the year's best monthly sales in December. U.S. light vehicle demand climbed 11 percent last month to 1.1 million units--the best month of the year on a unit basis.