The new generation of the Ford Mustang, code-named S650 and likely to arrive for the 2024 model year, will debut September 14, according to Ford CEO Jim Farley.

The Pony-Car will make an appearance at the Detroit auto show and Ford is touting the fact that it’ll offer a manual transmission.

Ford has teased the new Mustang again. In the new teaser video, the next-generation Ford Mustang teased the trunk, a revised GT performance badge and a new body colour as well.

The company also hints that the new Ford Mustang will come with significant changes at the backside of the high-performance car and possibly a new trim as well. Interestingly, this is going to be a significant update for the Ford Mustang before it enters the era of electrification.

The automaker claimed that it will pull out all the stops to make it memorable. It also claimed that the new generation Ford Mustang has already received more than 1,000 bookings from customers.

The most significant talking point of the seventh-generation Ford Mustang is the V8 engine under its hood. The seventh-generation Mustang will pack a V8 punch and offer a six speed manual transmission. While a specific engine size hasn’t been confirmed yet, it is possibly the 5.0-litre V8.

Rumours suggest that the EcoBoost and 5.0-litre power mills will carry over from the current generation Ford Mustang, at least at the launch. This means power levels will likely be close to the current lineup: 460 hp in the GT and 310 hp for the EcoBoost 2.3-litre four-cylinder engine.

The glory days of brightly colored Plum Crazy Challengers, Burnt Orange Camaros, and Grabber Green Mustangs burning down Woodward Avenue are unfortunately numbered. But they’re not done yet. While the Chevrolet and Dodge camps are showing signs of slowing down, there’s a rumble reverberating from Dearborn in the form of a redesigned 2024 Mustang.

However, many thought the 60th-anniversary ‘Stang’ might debut on April 17, 2023, the day the original Mustang bowed at the 1964 New York World’s Fair. That notwithstanding, Ford has since confirmed that it’ll make its first public appearance at the 2022 Detroit auto show this month.

Judging by the camouflaged mules Ford displayed over the years, the exterior design is not expected to stray far from its current look. However, the interior will undergo a major makeover with a digital instrument cluster that wraps into a driver-focused infotainment touchscreen with added buttons for basic functions.

It’s no secret that the Camaro’s Alpha platform outhandles the Mustang’s current S550 chassis. Ford hopes to correct that with the seventh-generation car, dubbed the S650. Under the hood, it is expected that the turbocharged 2.3-liter inline-four to produce around 320 horsepower, and it wouldn’t be surprised to see a hybrid variant join the herd.

According to analysts, if the hybrid keeps the 450-plus-hp V-8s coming, users will be more than happy and if the hair-raising 760-hp supercharged 5.2-liter V-8 from the GT500 survives, they will be thrilled. A six-speed manual and a 10-speed automatic are likely to return.