Believe it or not, Ford debuted the sixth-generation Mustang all the way back in December 2013. The all-new seventh-generation Mustang — reportedly codenamed S650 — should be arriving very soon.
Ford has the Mustang Mach-E now, which offers a Mustang-branded car that is far more efficient, more practical and has all-wheel drive. That should free up the conventional Mustang to remain very much a good old-fashioned Mustang, at least for the current generation.
Here’s what we know so far about the future of Ford's iconic pony car.
Here's what may be the face of the new Ford Mustang
Steeda
The S650 Mustang should not be a radical departure, looks-wise, from the previous generation. Per Muscle Cars and Trucks, the car will use an evolution of the current platform code-named S550. But the S650 should be getting new front and rear fasciae to differentiate itself visually from its predecessor.
According to Car and Driver, the Mustang's interior will receive an overhaul. The new version will have "a digital instrument cluster that wraps into a driver-focused infotainment touchscreen with added buttons for basic functions."
The new Mustang should carry over the current V8 and EcoBoost four
Ford
Ford should keep the combustion engine lineup intact, at least initially. According to a recent report from Ford Authority citing exclusive sources, the new Mustang will launch with the same 2.3-liter EcoBoost inline-four and 5.0-liter V8 found in the current 2022 model cars. Those engines should get the same 10-speed automatic and six-speed manual transmissions options found today.
Here's what the new seventh-generation Mustang will sound like
Ford provided a 16-second video teasing what the engine for the new seventh-generation Mustang will sound like. Enthusiasts will notice (and heartily approve of) its similarity to the outgoing Mustang GT with the 5.0-liter V8.
The new Ford Mustang may get a new Google infotainment system
A hybrid powertrain setup with electric motors would have been the most probable route to the Mustang getting all-wheel drive. So not offering a hybrid supports Ford Authority reporting that the Mustang will not offer an all-wheel drive system.
An electric Mustang will likely arrive down the road (but not for a while)
Ford
The seventh-generation Mustang life cycle should stretch into the early 2030s. It’s really hard to see Ford launching a new pure combustion Mustang at that point. One report has Ford launching an all-electric Mustang for 2028, which would overlap with the S650 — and eventually replace it. There's no confirmation of that timeline yet, but it would make a lot of sense.