GENEVA – Ford Motor Co.’s design studios worldwide will provide styling ideas for an American icon: the next generation Mustang.

“It is a common process we [now] use on every vehicle,” Derrick Kuzak, Ford’s group vice president for global product development, said today at the Geneva auto show.

Ford’s next-generation pony car will be the first Mustang with styling themes proposed by studios in Europe, Australia and other regions. Previously, Ford’s U.S. studio was solely responsible for Mustang design.

“When we embark on a new product, particularly one that is all new, it involves all of the studios. Then J [Mays] and the design team pick the best of those themes,” Kuzak told Automotive News. Mays is Ford’s global design chief. Ford adopted the global design approach three years ago. Read more!

New for 2012 Model Year:

* Revised 5.4L supercharged engine – different specifications/rating than 2008/2010 model
* Aluminum engine block
* Double keyed crankshaft snout
* Manley H-beam rods
* Improved low-drag racing brakes – Strange Engineering
* Improved rear suspension w/revised rear upper control arm and lower control arm mounts
* Revised and optimized spring rates front and rear
* New design black anodized Cobra Jet wheels – Weld Racing
* Goodyear tires – all new DR compound – Cobra Jet branded
* Brake pedal 2-step switch (micro)
* Optional colors – Race Red, Grabber Blue, and Winner White – no additional charge. Read more!

The first model of the limited edition high performance Barrett-Jackson Edition Roush Mustang was sold this weekend during the Barrett-Jackson auction at the South Florida Fairgrounds for $100,000, an amount in the vicinity of what its creators expected.

This 540hp 2010 ROUSH® Barrett-Jackson® Edition Mustang is the concept vehicle for 25 serialized builds to be done on 2010 model year pony cars, and brings together the racing and performance heritage of ROUSH Performance Products® with the sleek new Planet Color® Barrett-Jackson Collector Color Series paints and finishes with 25 custom colors, mid-coats and topcoats, including ‘Back in Black’ and ‘Red Hot Chili Pepper’ which are prominently displayed on this concept vehicle as the base color and graphics respectively.

This 540hp 2010 ROUSH® Barrett-Jackson® Edition Mustang is the concept vehicle for 25 serialized builds to be done on 2010 model year pony cars, and brings together the racing and performance heritage of ROUSH Performance Products® with the sleek new Planet Color® Barrett-Jackson Collector Color Series paints and finishes with 25 custom colors, mid-coats and topcoats, including ‘Back in Black’ and ‘Red Hot Chili Pepper’ which are prominently displayed on this concept vehicle as the base color and graphics respectively.

In addition to the custom paint scheme, this concept vehicle comes fully-loaded with the ROUSH R2300 ROUSHcharged 4.6L Powertrain System. Components include TVS Technology ROUSHcharger®, intake manifolds, intercooler & radiator, cold air induction system, secondary sheave FEAD, forged aluminum pistons, forged steel H-beam connecting rods, forged steel crankshaft, unique high flow fuel injectors (52lb/hr), unique fuel rail, dual 60mm electronic throttle body, upgraded fuel system, aluminum flywheel, upgraded clutch and ROUSH® calibrated engine control module. Additional ROUSH content includes aero body styling to add to the vehicle’s appearance, exhaust for that deep V-8 rumble, 4-piston front brakes with 14″ rotors and painted rear calipers with slotted rotors and upper and lower billet grille which streamlines the appearance while improving cooling performance.

Actually this is a Roush 427R, but the special edition, announced today by Paul Miller Ford, boasts only visual enhancements. However this Stang looks awesome with its new front fascia and front splitter, a rear fascia, side splitters and custom blue and black suede seating accents. The paintjob is great, too – jet black with University of Kentucky True Blue stripes. The power unit is the well-known 4.6l engine boosted with the help of the Roushcharger supercharger system.

“The inspiration for the outer appearance and the color scheme came from a Bill Keightley jersey that was given to me last year,” J.P Miller, General manager for Paul Miller Ford says. “It just seemed to be the perfect fit for this project.”

Only five copies of the Coach Cal Edition will be made and the sixth one is goingo to be owned by John Calipari (Coach Cal). According to kentucky.com, the car will be priced at a bit over $71,000, with a Mustang GT based version to retail for less than $40,000.