Ford Mustang GT
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.
Ford dropped the 302 CID Windsor V8 that was in production since 1968, and the 1996 model year introduced the Modular 4.6 L SOHC V8. The new engine produced 215 hp at 4400 rpm and 285 lb·ft (386 N·m) of torque at 3500 rpm, matching the output of its predecessor.
Source: Wikipedia, 2012