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Special Ford Mustang honors Iacocca's pony car

Nearly 20 years after Lee Iacocca retired--and 45 years after he helped launch America's first pony car--the former Ford and Chrysler exec is attaching his visage to this: the Iacocca Silver 45th Anniversary Edition Ford Mustang. Planned for a limited run of only 45 units, the "I" edition features 5 hp more than stock from the Ford 4.6-liter V8; a 400-hp supercharged version is optional. Ford Racing suspension is standard, while 14-inch Ford Racing brakes are optional.

News watch April 2012: today's auto industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hourMonday 30 April 2012• Kia posted global first quarter 2012 profits up 26%, with sales up 12% worldwide. 635000 new Kias found homes, 79000 in Europe (up 24.6% on 2011 in a total market which contracted 7.1%), with the USA now Kia's largest market ahead of Korea.

Bentley SUV will be the Bentley Falcon

It looks like Bentley has come up with a name for its SUV – Bentley Falcon - and, as expected, it will get a complete redesign before it arrives. But it now seems that VW has bitten the bullet on the Bentley SUV and signed it off for production, when it will apparently come complete with a new Bentley name – Bentley Falcon. The news of a name for Bentley’s luxury off-roader comes from Georg Kacher writing in Automobile Magazine and, although it perhaps doesn’t resonate particularly in the UK, it will probably have more impact on the target market for the SUV – the Middle East – where the Falcon is a big deal.