Yes, I would think it would be very possible. This car is based on the Plymouth Valiant which had plenty of room for a small V8. Depending on model year, the Valiant came equipped with the 4.5, 5.2, & 5.6 Liter V8's. The 5.2L (318) would be a great choice, due to availability, small size, and power.
You bet! Check the sites below for help.
the 225 was a slant 6 not a v8
V8 or V6?
V6V6
With $$$ you can do anything.
2.7L v6, 3.5L v6, 5.7L v8, 6.1L v8 , or 3.0L v6 diesel
318 V8
Yes.
The Ford Ranger was not available with a V8 engine.
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Chrysler V8, yes. Cummins diesel, yes.
You can put a V8 in anything. Just depends on how much fabrication you want to do.