Cleveland, Ohio – Ford is investing US$155 million and adding 60 jobs at its plant in Cleveland, Ohio to build a new, fuel-efficient V6 engine for the 2011 Mustang.

The new engine is one of nine new or upgraded engines or transmissions for 2011 Ford, Lincoln and Mercury vehicles. “Ford is absolutely committed to delivering class-leading fuel efficiency with every new vehicle we introduce, and this investment in Cleveland provides further proof,” said Bill Russo, director of manufacturing for powertrain operations.

The new, all-aluminum 3.7-litre V6 delivers 305 horsepower and, in U.S. testing, is expected to deliver the equivalent of 7.9 L/100 km on the highway when equipped with a six-speed automatic transmission.

The Mustang is also available with a 5.0-litre V8, produced at Ford’s Essex Engine Plant in Windsor, Ontario, and a supercharged 5.4-litre V8 built in Romeo, Michigan. The V6 is expected to represent two-thirds of Mustang’s volume in calendar year 2010 sales.

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