Since being in production in 2014, the sixth generation Ford Mustang is slowly approaching the end of its life cycle.
Earlier reports had suggested that the Blue Oval came up with a strategy over its successor, which is likely to be due by the end of 2022.
The timeline has now been reaffirmed to AutoNews by sources close to the company’s plans, claiming it will launch for the 2023 model year. The first mid-cycle refurbishment is expected in 2025, and suppliers are told that the muscle car’s lifespan has been extended to eight years, meaning it will remain in production until 2030.
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Ford’s future rival to the likes of the Chevrolet Camaro and Dodge Challenger might migrate to the same platform as the Explorer and Lincoln Aviator. As a result, it should have a larger footprint, translating into improved interior space and larger cargo area.
But that’s not the biggest news, because if they stick to this plan, the new gen Mustang will also be compatible with all-wheel drive. There have been talks about an electrified V8, with the ICE steering the rear wheels and an electric motor setting the front wheels in motion.
It is not yet known whether the turbo four variant will live on, but Ford has apparently decided to stick to both coupe and convertible versions of its pony car, in left and right sides. As for the design, the new Mustang is understood to go down the evolutionary road, while the latest technological gear will be implemented in the more driver-oriented cockpit.
Note: 2021 Ford Mustang Mach 1 pictured below