Like all Territory models since its introduction in 2004, the 2011 model will be based on the Falcon that we're dying for in the States. Fortunately, as we've seen in previous spy shots and renderings, the next-gen Territory will feature styling that continues to separate itself from the Taurus X-ish looks of the first-gen model, with a completely new front fascia featuring twin gaping maws with bright horizontal chrome strips.
Two powerplants are expected: the turbo-diesel 2.7-liter V6 that can currently be found in the Land Rover Discovery 3 (a.k.a. LR4) and the well-loved 4.0-liter inline six offered in the Falcon. Thanks for the tip, TriShield!