Cars & Motorcycles. The last year Ford used the 5.0L V8 Windsor engine in the Mustang was 1995. Ford replaced it with a 4.6L V8 engine capable of producing 215 hp. In December 2009, Ford announced that a new 5.0L Mustang, using the V8 Coyote Engine, would appear as the 2011 Ford Mustang GT. The new 5.0L four-valve Twin Independent Variable Camshaft Timing V8 engine, nicknamed the “Coyote,” produced 412 horsepower and 390 ft.-lb.