Ford will soon be replacing the aged old 4.0 liter SOHC V6 in the Mustang with a new high-reving 3.7 liter 24-valve DOHC mill

GS Motorsports just unveiled a rendering of their awesome looking creation for this years SEMA show, the FlatBlack Mustang. The 2010 FlatBlack Mustang features a set of custom 22" wheels, two tone paint, Roush body kit, and more. You can check out the full press release below.

Continued demand for a “Super Snake” post title package has led Shelby Automobiles to unveil a new program to turn a limited number of 2010 Ford Shelby GT500s into Shelby super cars. The Super Snake package will include enhancements to the 2010 Ford Shelby GT500’s handling, styling and power; output ratings will range from 630 to over 725 horsepower. Exclusivity will be assured as a limited number of Super Snakes will be built at the Shelby Autos facility in Las Vegas or one of the Mod Shops, beginning in August 2009.

It's official folks, according to sales figures released from Ford Motor Company a new record monthly low for Mustang sales.  January 2009 is now on record for having the lowest Mustang sales ever in Ford's 45 year history of producing the Mustang.  The old record was just set a few months back in November with 3,667 units sold, January's sales were lower by 723 units

Saleen Inc, the company founded 25 years ago by Steve Saleen and now owned by Los Angeles based Hancock Park Associates is selling off a big portion of their assets to MJ Acquisitions who controls and operates a family of automotive companies.