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. Although the new pony is ready to go, its closest competitors, the Chevy Camaro and Dodge Challenger are still in doubt.

The 5.0-liter V-8 will continue to power the new-generation car. It will produce 480 horsepower. A 2.3-liter EcoBoost turbocharged engine of 315 horsepower will be featured in the new-generation car. It is still only marginally better. The engine will offer a six-speed manual and a 10-speed automatic. The Mustang can be ordered in either a convertible or hardtop coupe body style. The new Mustang cockpit features a 13.2-inch display that is part of a large, curved screen that extends over the center stack. Touchscreen buttons replace the traditional radio and climate control knobs. The pony car will be available for sale in the summer of 2023.
2024 Ford Mustang Release Date & Price
The seventh generation of the Mustang will see sales begin in the summer of 2023. The Mustang’s new design features some important updates. While there are many design and powertrain changes, there are also new options for those who want speed. Both EcoBoost GT and Mustang GT models will have the optional Performance Pack upgrade. The Performance Pack features a front brace and a Torsen limit slip differential. It also includes wider tires and wheels.
The Performance Pack also includes a MagneRide active dampening spring suspension. Recaro buckets and an active exhaust are options for those who want to improve their performance. Ford offers the Performance Electronic Parking Brake. This brake is similar to a traditional lever action handbrake. This will make it easier for the Mustang to drift. The Mustang Dark Horse track-ready version of the Mustang has been added. This version features a powerful 500-hp Coyote V-8 engine and a direct link to the Ford Performance parts bin. These allow for more cost-effective upgrades.
Mustang offers both a turbocharged four-cylinder EcoBoost in its base model and a V-8 in the GT model. The first will cost around $30,000. However, the latter will be around $30,000. The price for the latter will be $40,000. The V-8 Mustang has more power and a nice growl. The V-8 Mustang is also the only powertrain that offers a six-speed manual transmission.
Engine & Specs
New Mustangs come standard with the upgraded turbocharged engine turbocharged to 315-hp EcoBoost, 2.3-liter four-cylinder four-cylinder 350 pounds,d-feet torque. Although this is 5 horsepower more than the original Mustang, it still falls short of EcoBoost Performance’s 315-hp EcoBoost engine (2.3-liter four-cylinder EcoBoost) with 330 pound-feet torque. Every EcoBoost Mustang comes with a 10-speed automatic transmission. However, the Mustang GT still features a 5.0-liter V-8. It also has a 6-speed manual standard. The last generation’s Coyote V-8 was capable of producing 485 horsepower and 420 pounds-feet torque.
The new unit is capable of producing 480 horsepower and 415 pound-feet. Ford claims an optional performance exhaust can boost output to 486 horsepower and 481 pound-feet. The Mustang Dark Horse, a step up from its predecessor the GT, is more track-oriented. The Mustang Dark Horse features a 5.0-liter V-8 with 500 horsepower and either a 10-speed automatic transmission or a 6-speed manual. Ford claims that the engine’s heart is made of connecting rods from Mustang Shelby GT500. This GT500 produces a total power output of over 760 horsepower. Our test team has yet to strap their instruments into the Pony. We will update this space when they do.
Fuel Economy and Real-World MPG
The official fuel economy estimates for the 2024 Mustang EcoBoost GT and GT have not been released by the EPA. However, the last Mustang was able to achieve an EPA-estimated 21 mpg within the city and 32 mpg on the highway with its turbo four-cylinder engine, 10-speed automatic transmission, and a turbo four-cylinder engine. The V-8’s previous generation produced an estimated 15 mpg in the city and 24 on the highway. We’ll update this section with information as soon as the 2024 Mustang is available. For more information about the Mustang’s fuel economy, visit the EPA website.
2024 Ford Mustang Redesign
Interior
Ford’s fighter jet-inspired design is evident in the 2024 Mustang’s driver seat. While we are yet to hear whether the Mustang will break sound barriers, the 12.4-inch standard instrument cluster is a significant improvement over the one found in the Mustang. The configurable display can be customized to suit the needs of any patriot, red, white, or blue. You can choose from a variety of gauges and colors.

The “calm” screen lets you see the most important details. You can adjust the driver’s display or ambient lighting to match your chosen drive mode. Base Mustangs come with cloth seats and micro-suede vinyl inserts. The Premium level includes stitched bits and parts, from the door trim to your dashboard. Leather inserts are available on the Mustang GT. Ford offers Remote Rev which allows the engines to rev up by simply pressing the key fob. The sounds can be heard from outside, allowing you to enjoy the effects.
Color
The 2024 Mustang will be available in 11 colors. Two new colors will be available for the coupe and the Ford Mustang dark horse. The image below lists all eleven colors.
- 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
The exterior styling is heavily influenced by current muscle cars, with a Mustang-angular Grille, sloped roofline, and angular Grille. The Camaro coupe’s roof is an inspiration as well as that of the Dodge Charger sedan. Camaro’s rear-end fenders have a flared appearance with a sharp curve at the top. Designers often add more weight to the fenders of sports cars to emphasize the rear-drive configuration. This allows for larger tires and more wheel-well space on higher-end trims.

The Mustang-inspired rear looks are distinctive and have strong connections to both the current model and the previous models. The three-zone taillamps are a perfect example of this. These light elements were used for activating the turn signals individually by being pulsed. The Mustang Mach-E electric vehicle’s lower body can be seen from the side.