Ford Mustang 2024: chief executive reveals when next-gen pony car will be uncovered

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The Ford Mustang badge is almost sixty years old and its legacy will continue when the seventh-generation version is unveiled on September 14.

Confirming the reveal date for the seventh-gen Mustang was Ford Motor Company chief executive officer Jim Farley, who shared the news to his Twitter followers today, adding that “it’s a stunning car” and using the hashtag “#savethemanuals”. 

Australia is still yet to receive the sixth-generation Mustang California Special which adds largely cosmetic differences such as a larger front splitter, five-spoke 19-inch alloy wheels, and inside, black suede door trims and seats. 

With the next Mustang set to be seen by the world in September, it’s possible that deliveries of the car could start in Australia towards the back half of 2023.

Until the new seventh-generation Mustang arrives, the outgoing shape’s latter-day California Special variant will fill the void, priced from $67,290 before on-road costs. 

What we know so far about the next Mustang 

The upcoming Ford Mustang will retain its iconic V8 engine, but this might be the last time we see a Mustang fitted with such a powertrain. 

Obviously, with Jim Farley’s tweet clearly indicating it, a manual transmission is confirmed, which is likely to be mated to either the existing 2.3-litre turbocharged four-cylinder engine or a naturally-aspirated 5.0-litre Coyote V8 engine. 

But the big question is whether this next-generation will introduce a hybrid V8 engine. 

We can’t see there being a hybrid manual option, but the drivetrain will likely be paired with the more fuel efficient 10-speed automatic transmission. 

Chasing Cars speculated late last year that the speciality-focused Shelby GT 500 could come to Australia in seventh-generation guise with its fire-breathing 5.2-litre supercharged V8 engine. 

In terms of styling, the Mustang will definitely look different to the current shape, however how much so is still under wraps. Expect resculpted lines and possibly a more aggressive look. 

A fully electric Mustang could also be a real possibility and would compete with Dodge’s soon-to-be-revealed electric muscle car.