Official details: 2011 Ford Mustang GT (Video)

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Before Christmas details about the 2011 Mustang GT leaked out revealing that it will get an all-new 5.0-liter V8. Now Ford has finally released official details about the 2011 MY Mustang GT.

Under the hood is an all-new 5.0-liter V8, using advanced technology to deliver 412 horsepower and projected unsurpassed highway mileage of 25 mpg.

New 2011 Mustang GT gets also specially tuned Electric Power Assist Steering , 11.5-inch front and 11.8-inch rear vented disc brakes, and an enhanced suspension featuring an improved rear lower control arm and stiffened rear stabilizer bushings.

There’s also a Brembo brake package, with larger rotors and calipers from the Ford Shelby GT500 Mustang, unique 19-inch wheels and summer performance tires. Of course there are new fender badges marking return of the 5.0-liter engine.

The six-speed automatic transmission on the 2011 Mustang GT will deliver up to an estimated 25 mpg highway and 17 in the city. Models with six-speed manual transmission are projected to deliver 24 mpg highway and 16 city, matching the 2010 model but delivering significantly more horsepower and performance feel.

Three vibrant new colors will be added for 2011 including Yellow Blaze Tri-Coat, Race Red and Ingot Silver.