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Next Shelby Mustang to wear GT350 nameplate

Earlier this month, rumors started to swirl 'round the web about the next-generation Ford SVT Mustang - the halo version of the all-new 2015 'Stang seen testing in the gallery above. Originally, we heard that the Shelby GT500 moniker would be dumped in favor of "a name you're familiar with," which some sources guessed could mean a return of the Cobra nameplate.
That might not be correct. According to Road & Track, citing a report from Mustangs Daily, the new range-topping Mustang will bring back the Shelby GT350 name - currently used on an aftermarket version of Ford's Pony produced by Shelby American (take a look at our recent Quick Spin of that car). Expect the new GT350 to be quite a bit different than the current GT500 - it will be all motor, using a V8 that's derived from the naturally aspirated 5.0-liter Coyote engine (though it will no doubt have a higher displacement). The GT350 will be a lot more powerful than the next Mustang GT, which is expected to offer something like 450 horsepower, but won't be quite as absurd as the 662-horsepower GT500 we currently enjoy.
The Shelby GT350 will reportedly bow with the rest of the new Mustang range at the 2014 New York Auto Show, which coincides exactly with the original Mustang's debut at the New York World's Fair in 1964. If that seems far out, don't worry, we'll be seeing the rest of the 2015 Mustang range before then, but Road & Track reports that the 2014 Detroit Auto Show stage will be reserved for the reveal of the next Ford F-150 pickup.

Alan Mulally talks about why Ford's Falcon had to die

When Ford made the decision to end production of the Falcon sedan and Territory CUV in Australia, it wasn't a popular move Down Under. The large, four-door Falcon had been in production for 50 years, and while Ford has reaffirmed its commitment to the Australian market, it's understandable that some people still aren't all that crazy about the Blue Oval's decision.
Speaking to CEO Alan Mulally after Ford's Go Further event in Sydney, Australian site Go Auto reports that the decision was not one made lightly, and that the automaker is doing everything possible to respect the Falcon and Territory's "stakeholders." It's an interesting piece that shows a softer side of a corporation, while demonstrating that Ford is doing everything in its power to make the end of production as smooth as possible for all parties.
Head over to Go Auto for the full series of remarks from Mulally, and then let us know what you think of Ford's handling of the Falcon and Territory discontinuations, in Comments.

Ford Fiesta banned from SCCA autocrossing because of rollover risk

Autocross can be a great way to break into motorsports, especially at SCCA events that allow run-of-the-mill, street-legal vehicles to be run through the cones in parking lots across the country. But while a wide array of vehicles are eligible, not every one is. And now the Ford Fiesta has been removed from the list of qualifying vehicles in the Sports Car Club of America's Street category for solo events. The removal of the Fiesta was publicized in the latest issue of the SCCA's Fastrack News bulletin, which stated that, due to roll-over risk, Fiestas "do not meet the requirements and are to be removed" from the HS category of eligible vehicles. H Stock (or HS for short) is the lowest category of vehicles certified by the SCCA for use in sanctioned events. The disqualification applies to Fiestas from the 2011 model year onwards, and does not apply to the Fiesta ST, which remains eligible. Of course the Fiesta isn't the only model deemed ineligible for SCCA autocross events. According to Jalopnik, other small hatchbacks and crossovers including the Dodge Caliber, Fiat 500, Scion xB and iQ, Nissan Juke and Mini Countryman are also prohibited from competition. We've reached out to both Ford and the SCCA for clarification on the issue, and will issue an update if and when we receive any substantial information.