What makes it tick? For the GT, a thirsty 315-horsepower 4.6-liter V-8 that was previously the uprated engine in the souped-up Bullitt special edition. For maximum power and torque, this V-8 slurps premium unleaded at the rate of a gallon every 16 miles in city driving (23 m.p.g. highway). A thriftier alternative is the base Mustang V-6, with 210 horsepower and 17/23 economy on regular unleaded.
What they didn’t say: A faster, louder Mustang may not be exactly the most politically correct new product to introduce, considering the auto industry’s troubles, but it is nevertheless one of Ford’s two core products (along with the new, more-of-everything F-150 pickup, also due out soon). Redesigning the Mustang now also brings it current with the Dodge Challenger and the at-last-to-be-introduced Chevrolet Camaro.
As sales of the popular current model, essentially unchanged since its 2005 introduction, wind down expect the new Mustang to make its appearance in early spring 2009. Prices will hew pretty close to the current range of $20,000-$30,000 for the coupes. A convertible versionh should cost $4,000-$5,000 more.
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