Ford

Ford has revealed the limited-run Ranger Sport, designed to sit between the XLS and XLT in the hotly-contested 4x4 dual-cab ute segment. Although it trails well behind the all-conquering Toyota HiLux in two-wheel drive sales, the Ford Ranger is just 452 sales behind on the more profitable four-wheel drive ute sales charts.

Lee Iacocca, father of the legendary Ford Mustang, has passed away due to complications related to Parkinson's disease. Born on October 15, 1924, in Allentown, Pennsylvania, Lido Anthony Iacocca was the son of Italian immigrants. His father Nicola started his working life as a hot-dog seller.

Power and torque figures for the Ford Mustang Shelby GT500 have been confirmed ahead of the car's release later this year. Under the bonnet is a 5.2-litre supercharged V8 with 567kW (760hp) of power and 847Nm of torque. That's significantly more than the 522kW (700hp) or so the company promised when it unveiled the GT500 at this year's Detroit motor show. In January, Ford said the GT500 would also feature a carbon-fibre driveshaft and a seven-speed Tremec dual-clutch transmission.