If the peak power is at 7031 then the shift light probably will come on at about 7500rpm. Never EVER shift at peak power.
Incidentally, to people saying the car is gutless now (bear in mind I haven't tested the FOX yet, so I'm just thinking out loud), with a 2.0 litre engine we get about 185hp at 6500rpm. With tuning (which we aren't allowed to do) we could increase the power to ~FOX levels, and raise it up the power band to ~7000rpm quite easily, so it strikes me as the FOX is actually more realistic like this (considering how tractable it is from lower revs)... But I haven't checked the new stats, nor driven it for ages, so forgive me if I'm lost at sea here.