From the moment TheCarConnection brought you coverage of the 2010 Ford Mustang from the 2008 Los Angeles Auto Show, we highlighted the fact that the new Stang was down on power compared to its reconstituted rivals, the 2010 Chevrolet Camaro and 2009 Dodge Challenger.
Now Autoblog reports a confirmation of sorts that a new engine is on its way here, although the details are sketchy and unconfirmed by U.S. Ford PR sources. Their report states, "According to Ford Australia's product development director, Russell Christophers, FoMoCo's U.S. team is working on an all-new, aluminum double-overhead cam 5.0-liter V8 – codenamed "Coyote" – with output expected to crest 400 hp and around 400 lb-ft of torque. Christophers told Australia's Drive, 'I have seen the performance curves and it is a pretty good engine.'"
This new V-8 would be a great complement to Mustang also getting Ford's corporate 3.5-liter V-6 engine, as well as the new twin-turbo 3.5-liter V-6 EcoBoost engine. (See our posts on the engine's technology and manufacturing.)
In an exchange your author had with Ford PR about new engines, Ford's Alan Hall responded to my questions about when Ford might replace the aging 4.0-liter V-6 in the Mustang, "We see it (the 4.0-liter) as a great value, and our customers report the same thing. And, it is a solid performance value, as Car and Driver even declared it the fastest car available under $20k last year, yet it delivers impressive fuel economy of 18/26 mpg. So, we're proud of our offering and are not going to discuss future plans. We've just launched a terrific new product!" Given our very recent experience in a 2010 Mustang with a V-6, Hall makes a good point about the base Mustang's value.
The discussion of replacing the 4.6-liter never came up with Hall, and these production plans may change given the new EPA standards that are in the midst of being rolled out. It may not make sense for Ford to roll out a new family of V-8 engines when selling them may be illegal in just a few years.