Ford

American Performance car maker, SMS Supercar, have just announced its prices for the SMS 460 and SMS 460X. Both are fully certified and street legal and are fitted with custom supercharged V8s delivering 470hp (350kW) and 427lb-ft (578Nm) of torque and 655hp (488kW) and 600lb-ft (812Nm) of torque respectively.

The MSRP of the 460 Mustang will be $64,990 for the Coupe and $69,990 for the Convertible. No info yet on the 460X version. Read more

Last year's Experimental Aircraft Association (EAA) Gathering of Eagles festival saw a custom Mustang from Ford auctioned off at $500,000. This year, Ford plans to auction off another Mustang GT, dubbed the AV-X10 Dearborn Doll.

This 2010 Mustang GT will come equipped with a glass roof, and thanks to Ford Racing, it will produce a solid 550hp (410kW) from its 4.6L V8 engine. Under the hood is a supercharger kit, a high-flow FR500S exhaust system, a short throw shifter, a new handling pack featuring dampers and lowering springs and an anti-roll bar. Read more

The Ford Fiesta is still about a year away from its U.S. relaunch, but we can check it out at ESPN's X Games with a trio of rally-prepped vehicles on July 30-August 2 in Los Angeles. The drivers will be Olsbergs Motor Sport Evolution's Kenny Brack and ROCKSTAR Energy Drink's Tanner Foust and Brian Deegan.

The Pike's Peak Fiesta was epic! These Fiestas will be a little bit tamer, but they are still fully equipped race cars. This is the first time a Ford has competed as a race car in X Games competition, too. I really don't think Ford has much to worry about, considering who they have driving.

I'm all the more excited now for the X Games, since we will get to see the Fiesta in its rawest form in the states!

Celebrating 45 years of custom tuned/special edition Mustangs, Lee Iococca announces his own, the Iacocca Mustang. Only 45 of these special silver-hue-painted Mustangs will be built and sold.

Included in the newly transformed fastback is a bodykit designed by Michael Leone, Ford Racing parts including a cold-air intake, handling package and an optional supercharger and brake kit.

Two power options will be offered, a normally-aspirated 4.6-liter Ford V8 rated at 320 horsepower and the optional supercharged version with a rated 400 horsepower. Both engines are covered by a factory Ford warranty.Read more

Artisan Performance and tuner Randall Reed Ford have teamed up to create this custom series of Mustangs. It will wear a Speed SE badge and will be sold as a 'turn-key' package through Randall Reed stores and select Ford dealerships around the country.

This 2010 Ford Mustang is powered by a custom tuned V8 engine, featuring a pair of GTK350 turbochargers that should produce around 700hp (522kW).

Some other featured upgrades are:

• High-flow exhaust system with a race-spec catalytic converter
• Custom intercooler and wastegate
• ECU upgrade and boost control
• You can also opt for custom 20in forged alloy wheels and 14in brakes
• All the cars will come with a six-speed manual gearbox only

These Mustangs should start showing up pretty soon. However, there is no price available, yet.

Check out more custom tuned cars and bikes, here.

At 800hp, this 2L Ford Fiesta is a bit of a promo stunt by Ford as it gears up to bring the Fiesta back to the states. The Fiesta will be Ford Motor Company's main competition vehicle for rallying in the coming years, though. The highly modified Fiesta will feature an all-wheel-drive system and custom suspension with other modifications that have not been revealed.

There will be two Fiestas competing July 19th at Pike's Peak. They will be driven by Andreas Eriksson and rally legend Marcus Grönholm in the 'Unlimited Class' at Pike's Peak, in an attempt to be the first team to break the 10-minute mark over the 12.4-mile, 156-turn pavement and gravel course.

I can't wait to see this take place! You can grab the full press release here.