In not so surprising news, Ford Mustang sales for the year were down 32.2% from 2007 as the shaky auto industry and declining economy forced many people to rethink major purchases. In total 91,251 Mustangs were sold last year. December was also a bad month for Ford Mustang sales compared to November with sales dropping 51.6%.

Wayne Morris Ford in Perry, GA has put their first and so far only allotted 2010 Shelby GT500 on eBay. The price starts at MSRP with no reserve and if you don’t care for the Grabber Blue color or would like to change anything else about the car you have that option if you buy it via eBay. There are not any bids at the moment but I don’t see that lasting much longer as this gets out. Check it out on eBay for the rest of the info.

The 2010 Shelby GT500 has been officially revealed by Ford and we must say, it looks better than ever. With power increased to 540 hp and 510 lb-ft of torque the new GT500 provides even more punch to support it’s more aggressive front end and raised hood. Make sure to check out the official 2010 Shelby GT500 pictures and the official 2010 Shelby GT500 page.

Here is an interesting interview of Bob Hartwig, the owner of the monster Mustang from the movie Death Race. Bob explains the movie effects used to make the Mustang appear tougher than it actually is. The video also shows some action of the car on the street. Can you imagine the looks you would get driving this Mustang down the road? Check out the video after the fold!

The year 2008 was an up and down year for Ford Mustang enthusiasts. With sales of the Ford Mustang dipping due to lower production numbers, high gas prices and a nasty recession it was good to have things such as the 2010 Mustang reveal to brighten up our mood and give us something to look forward to. With that, here are 5 Mustang news items we expect to see in 2009, in no particular order.

As many of you know the 2003 SVT Cobra wheels are some of the most popular style of Mustang wheels out there. For quite some time many owners have been asking for different sizes and a deep dish option for these wheels. Some companies came through, but only offered the OEM style wheel that is simply larger in width or in an 18 inch version vs the stock 17s. This leaves those who want a deep dish rim but love the style of the 2003 Cobra rims out in the cold.

Steve Saleen isn’t even waiting for the first 2010 Mustang to roll off the assembly line before dropping some information on what he plans to do with the new Mustang. He has dubbed his new lineup the Signature Series 460 Mustangs and each and everyone that wears this name will feature a supercharged version of Ford’s 4.6L V8 that start at 475 horsepower and go all the way up to over 650 horsepower. Along with the power increase, as with every Saleen, you will also see improvements in the drivetrain, suspension, wheels, the exterior and interior. Check out the official press release after the fold.

Anyone that is a fan of Shelby Mustangs is surely going to want to check out this eBay Auction of a 1968 Shelby EXP500 ‘Black Hornet’. Yea, I think that the EXP500 sounds cooler too. The Black Hornet sports a 428 Cobra Jet that puts out 335 horsepower, 4-speed transmission, 9″ rear end with 3.25 gears and 10-spoke Shelby wheels. The auction price is at $160,100.00 at the time of writing this with 76 bids. Like most auctions featuring high profile Shelby Mustangs, the proceeds from this auction will go to the Carroll Shelby Children’s Foundation.

Autoblog and Jalopnik have just gotten their hands on a 2010 Mustang and put together a very nice write up on the quality and performance. The articles also contain tons of high quality pictures of the Grabber Blue and Kona Blue colors. Head over to Autoblog and Jalopnik to get their review and be sure to check out our gallery for official 2010 Mustang Pictures.

Update: Please read the updates near the bottom. This has been resolved. Thanks to Scott Monty for his hard work at quickly clearing this up and providing a solution that both sides could agree too….. The first instance of an online community being threatened by Ford for trademark infringement has occurred. TheRangerStation.com has been told by Ford to pay them $5,000 and stop using their name by December 19th, 2008. Ford is claiming the use of Ranger in their domain violates their trademark. A week ago from today I wrote about how Ford pushed Kocky Products out of business for the use of the Mustang and Blue Oval on their t-shirts.