Ford Motor Co.’s new 5.0L V-8 engine, codenamed “Coyote,” will launch next year in the ’11 Ford Mustang, a source close to the program tells Ward’s. The engine, which is in an advanced stage of development, will replace the Mustang’s aging 4.6L modular V-8, the source says. The new V-8’s aluminum block will be sourced from Ford’s engine plant in Romeo, Ward’s also learns. Sources told Ward’s last year the engine is destined for Ford’s Essex plant in Windsor, ON, Canada. Ford officials ...

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