Ford launches the seventh chapter of its storied Mustang sports car with reworked-but-familiar styling, revised chassis hardware, an all-new interior, and two improved powertrains. The new pony is ready for the future, but the fate of its closest rivals, the Chevy Camaro, and Dodge Challenger, is not as bright. The new-generation car will still be powered by the 5.0-liter V-8.
However, it will now produce 480 horsepower. The new-generation car will also feature a 2.3-liter EcoBoost turbocharged 315-hp engine. However, it is only marginally improved. A six-speed manual or a 10-speed auto will be available depending on the engine.
You can still get the Mustang in a hardtop coupe or soft-top convertible body style. A new cockpit for the Mustang features a 13.2-inch display, which is part of a large curved screen that extends above the center stack. The touchscreen buttons replace traditional knobs for radio and climate control. Sales of the pony car are expected to begin in the summer of 2023.
What’s new for 2024?
With sales starting in the summer of 2023, the Mustang enters its seventh generation. Mustang’s new design includes some much-needed updates. There are many powertrain and design changes, but there is also a new lineup of options for those who truly desire speed. The optional Performance Pack upgrade will be available on both EcoBoost and Mustang GT models.
The Performance Pack includes a front brace, Torsen limit-slip differential, and wider tires and wheels. It also features a MagneRide active dampening suspension. For those who are serious about performance, there is an option for Recaro buckets or an active exhaust. Ford also offers the Performance Electronic Parking Brake, which looks similar to a traditional lever-action handbrake.
This is said to make it easier to drive the Mustang. A new Mustang Dark Horse track-ready version has been added. It features a sinister 500-hp Coyote-V-8 engine as well as a direct link to the Ford Performance parts bin, which offers more efficient and less expensive equipment upgrades.
2024 Ford Mustang Price & Release Date
Mustang still offers a turbocharged four-cylinder EcoBoost at its base level and a V-8 in its GT model. The former will be around $30,000. The latter, however, will cost $40,000. We won’t be able to tell you the exact price of the different trims until the 2024 Mustang is closer to its sale date in 2023, but we can recommend the GT GT. The V-8 Mustang is more powerful and has a pleasant growl. It’s also the only powertrain to offer a six-speed manual transmission.
Performance, Transmission, and Engine
The upgraded turbocharged 315-hp EcoBoost engine, 2.3-liter four-cylinder EcoBoost with 350 pound-feet torque comes standard on the new Mustang. This is 5 horsepower more than the old Mustang but still falls short of the EcoBoost Performance’s 315-hp 2.3-liter four-cylinder EcoBoost engine with 330 pound-feet of torque. Every EcoBoost Mustang has a 10-speed auto transmission.
The Mustang GT, however, still offers a 5.0-liter V-8. However, it also features a 6-speed manual standard. The last generation’s Coyote V-8 produced 485 horsepower and 420 pound-feet of torque. The new unit can produce 480 horsepower, and 415 pound-feet. Ford claims that an optional performance exhaust can increase output to 486 horsepower, and 481 pound-feet.
The Mustang Dark Horse is a track-oriented step up from the GT. It features a 500-hp, 5.0-liter V-8 and either a 10-speed auto transmission or a 6-speed manual. Ford claimed that the engine’s heart is made up of connecting rods from the Mustang Shelby GT500, which produces a total power output of 760 horsepower. Although our test team has not yet strapped their instruments into the Pony, we will update this space once they do.
Fuel Economy and Real-World MPG
Although the EPA has not released official fuel economy estimates of the 2024 Mustang EcoBoost and GT, it is worth mentioning that the last Mustang achieved an EPA-estimated 21 mpg in the city and 32 mpg on the highway, with the turbo four-cylinder engine and 10-speed auto transmission.
The added horsepower of the V-8’s last generation resulted in an estimated 15 mpg for the city and 24 mpg on the highway. When the 2024 Mustang becomes available, we’ll update this area with information. Visit the EPA website for more information on the Mustang’s fuel economy.
Interior, Comfort, & Cargo
The 2024 Mustang’s driver’s seat is a perfect example of Ford’s “fighter jet-inspired” design. We are still waiting to hear if the Mustang will break the sound barrier but the standard 12.4-inch instrument cluster is a huge improvement over the one in the previous Mustang. You can customize the configurable display to meet the needs of any red, white, or blue patriot. There are selectable gauges and colors. A “calm” screen allows you to see only the essential details.
The driver’s display and ambient lighting can be adjusted to suit the drive mode that you have selected. The base Mustangs have cloth seats with micro-suede vinyl inserts. The Premium level has stitched bits and pieces, from the door trim to the dashboard. The Mustang GT comes with leather inserts. Ford also offers Remote Rev, which allows the engine to rev up with just a click of the key fob. You can then enjoy the sounds from outside while enjoying the sound effects.
The 2024 Mustang will come in 11 color options. Which two colors are new for the coupe as well as for the new Ford Mustang dark horse? All eleven colors’ names are listed below or in the image.
- All-new yellow splash
- All-New Vapor Blue
- Grabber Blue
- Atlas Blue
- Race Red
- Rapid red
- Oxford white
- Ingot silver
- Carbonized Gray
- Dark matter Grey
- Shadow Black
Exterior styling borrows heavily from current muscle cars with a Mustang-angular grille, sloped roofline, and angular grille. The Camaro coupe’s hood is a direct inspiration, as well as the Dodge Charger sedan. The Camaro’s rear fenders are flared out with a sharp crease at the top. To emphasize the rear-drive configuration, designers often place more weight on the fenders for sports cars. It adds more wheel-well space for wider tires on higher-end trims.
The rear is distinctly Mustang and has a strong connection to the current model as well as the previous generations. This is especially evident with the three-zone taillamps. These light elements were used to activate the turn signals by pulsing individually. The Mustang Mach-E electric car’s lower body is seen from the side.