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Ford Shelby GT350 Mustang is a track-day weapon with 500 hp

Ford promises more than 500 horsepower and a torque peak above 400 lb-ft.
The wait is finally over. After months of spy shots, rumor and innuendo, Ford has officially pulled the wraps off its new Shelby GT350. Judging by the spec sheet and the promises being made - especially that the Shelby GT350 will be "an all-day track car that's also street legal" - the wait appears to have been worth it.

American automakers fall in latest Fortune 500 rankings

Not that it means anything beyond bragging rights, but if you're fixated on the positions of domestic automakers on the annual Fortune 500 list, both General Motors and Ford are still on it but they've slipped a couple of notches. The list ranks American companies and they're ordered solely by revenue. GM, fifth last year, came in seventh, while Ford fell from ninth to tenth even though both companies saw small gains in annual revenue.
GM's $152.3 billion in revenue was less than a third of that of the first company on the list: Wal-Mart, which regained the title from Exxon Mobil. Berkshire Hathaway and Apple are the firms that moved GM down. Ford, displaced by energy company Valero, had $134.3 billion in revenue.
On a side note, profitability isn't a factor, but both GM and Ford were down in this year's list compared to last year's: GM declined from $9.2 billion to $6.2 billion, Ford fell from $20.2 billion to $5.6 billion. If profits were included, Exxon Mobil would probably still be king: although the energy company made almost $20 billion less in revenue than Wal-Mart's $469.2 billion, it posted $44.9 billion in profit compared to Wal-Mart's $17 billion.

Translogic 180: Zombie 222 Electric '68 Mustang

Translogic heads to Austin, TX for a chance to drive the all-electric Zombie 222, a 1968 Ford Mustang converted by Mitch Medford and his team at Blood Shed Motors. "I wanted to start a company that would do nothing but specialize in converting vintage iconic cars into supercars," said Medford. The Zombie 222 has classic looks, but modern performance with over 800 horsepower and 1,800 ft-lbs of torque, making it the fastest electric car we've ever driven on Translogic. Those mind-blowing specs helped the Zombie 222 conquer the Texas Mile, setting the electric speed record at 174.2 miles per hour. "The Zombie 222 has been breaking electric records, said Medford. "Now it's time to break records—gas or electric." Next up for Medford and his Zombie 222 is a Kickstarter-funded attempt at 200 miles per hour. But first, we take a turn behind the wheel. Have an RSS feed? Click here to add Translogic. Follow Translogic on Twitter and Facebook. Click here to learn more about our host, Jonathon Buckley. Green Ford Alternative Fuels Coupe Electric Performance Translogic Videos Original Video