Ford Shelby Mustang GT500KR was presented at the NY Auto Show in 2007 and we thought it can reach a max.price of $55.000.

The Mustang GT500KR will go on sale this mounth and it will cost aprox.$80.000.Wow,who has ever thought that a Mustang will be more expensive than many automotive delights.(BMW M3:$55.875 , Lexux IS F:$56.675 , Mercedes-Benz C63 AMG:$57.225 , Nissan GT-R:$70.426 , Chevrolet Corvette Z06 :$72.125 , Porsche 911 Carerra:$74.160 and others)

The Mustang GT500KR will be the most powerful Mustang ever made:540bhp-supercharged 5.4-liter V-8 engine.

Take a jump for the Ford Shelby Mustang GT500KR gallery

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For the upcoming 2009 F-Series model,Ford will make some changes .The most important updates are : an improved box frame (that will increase the torsional rigidity with 10 percent) resulting a more stable ride and increased towing and hauling capabilities.Also the SRSC (Standard Roll Stability Control) will be improved,minimizing rollover risks.The new Trailer Sway Control will reduce the risk of accidents while towing.A larger bed will make it easier to carry oversized loads.

Ford adds several additional versions of the F-Series for 2009, moving further away from the old one-size-fits-all approach to pickups.

DETROIT — Ford Motor Co. plans to reopen an engine plant in Windsor, Ontario, that has been closed since November, the automaker said today.

The reopening of the Essex engine plant will allow 300 employees to return to work, Ford spokeswoman Angie Kozleski said. The Canadian Auto Workers and Ford negotiated a “competitive operating agreement” for the plant in February.

Ford declined to identify what kind of engine will be produced at the plant — or for what vehicles,but it is known that the plant will assemble a new generation of fuel-efficient V-8 engines.

Ford has employees in the plant retooling machinery but declined to comment on when production will start.

Ford Motor Company has announced that it has entered into a definitive agreement to sell its Jaguar Land Rover operations to Tata Motors.

The sale is expected to close by the end of the second quarter of 2008.Tata Motors will pay approximately US$2.3 billion.At closing, Ford will then contribute up to approximately US $600 million to the Jaguar Land Rover pension plans.

Alan Mulally, president and CEO, Ford Motor Company. “We are confident that they are leaving our fold with the products, plan and team to continue to thrive under Tata’s stewardship. Now, it is time for Ford to concentrate on integrating the Ford brand globally, as we implement our plan to create a strong Ford Motor Company that delivers profitable growth for all.”

Lewis Booth, executive vice president, Ford Motor Company : “I am confident that, under its new owner, Jaguar Land Rover will continue to build upon the significant improvements and product successes it has achieved in recent years.”

Another member of the revised Ford Focus family, the Ford Focus CC has been revealed and, as you can see from the photos, the front of the car suffered the most changes, together with the inside of the car, while the back remains almost unchanged. Continue reading »