Ford Mustang SVT Cobra
For 1994, the Mustang underwent its first major redesign in fifteen years. The design, code named "SN-95" by Ford, was based on an updated version of the Fox platform. It featured dramatic new styling by Patrick Schiavone that incorporated some stylistic elements similar to those of earlier Mustangs. A convertible model would also return, but the notchback and hatchback body styles used in earlier Mustangs were not available.
The Cobra model returned for 1999 with its 32-valve 4.6 L V8, now rated at 320 hp at 6000 rpm and 317 lb·ft (430 N·m) of torque @ 4750 rpm. All 1999-2004 Cobras came equipped with an independent rear suspension (IRS), providing them with better handling compared to other Mustangs.
Source: Wikipedia, 2012