Motive Gear F880300 3.00 Ratio 8" Ring & Pinion Set Ford Fairlane Mustang on 2040-parts.com

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.

Dave McLellan to be a featured guest at the Corvette Funfest

Dave McLellan, who presided as chief engineer for the fourth-generation Chevrolet Corvette, will be a featured guest at parts-seller Mid America Motorworks' annual Corvette Funfest in September. The Funfest brings together 14,000 Corvettes and 45,000 Corvette enthusiasts over a three-day weekend at Mid America's campus in Effingham, Ill. The event includes seminars, entertainment and--of course--plenty of Corvettes.

GM cuts Facebook ad spending, but Ford steps on the gas

On the eve of Facebook's wildly anticipated initial public stock offering, General Motors said May 15 that it will stop buying advertisements on Facebook--about $10 million a year--but "remains committed" to the social network as part of "an aggressive content strategy with all our products and brands." In other words, GM will not pay Facebook for ads but will continue to maintain content, for which Facebook doesn't collect revenue. News of the decision was reported in The Wall Street Journal. But GM's position is far from universal.