V12 engine for the postwar market in Europe, production of V12-engined-cars was very limited until the 1960s. Ferrari has traditionally reserved their top V12 engine for their top-of-the line luxury sports coupes since 1949. Ferrari's closest rival, Lamborghini has also used the V12 configuration for many of its road cars since the company's inception in 1963. In 1972, Jaguar introduced the XJ12, equipped with a 5.3 litre V12, which continued (after revisions in 1993) until the 1996 model year, after which the marque discontinued the twelve-cylinder engine. BMW returned to V12 designs for its 7 Series sedan in model year 1986, forcing
Muscle car V8 engine to allow the car to run at a lighter weight in touring car racing. The HDT also produced several 5.0 L V8 powered WB Statesmans released under the name Magnum. They also looked at developing a 5.0 L V8 powered Opel Monza in the mid-1980s (to be named the HDT Monza), although as the Monza was a 1970s model car and resembled the outdated Torana A9X Hatchback it never passed the planning stage. Another related type of vehicle is the car-based pickup, known colloquially in Australia as a ute (short for utility). Holden and Ford Australia both make