The numbers pony fans across the globe have all been waiting for have finally been revealed, with Ford announcing the 2015 Mustang will generate as much as 435 hp and 400 lb-ft of torque in the 5.0-liter V8-powered GT variant. At the other end of the output scale, the entry-level 3.7-liter V6 will make 300 hp and 280 lb-ft, while the 2.3-liter turbocharged EcoBoost four-pot is rated at 310 hp and 320 lb-ft. The Mustang will carry a sticker price of $24,425 when it hits showrooms later this year.

Ford has also announced the Stang's curb weight. With a new suspension, beefier brakes, and other new technologies, there have been fears the new-gen model would be significantly heavier than its predecessor. In fact, at 3,524 pounds, the EcoBoost four-cylinder mated to an automatic box is just 28 pounds heavier than last year's lightest model, the V6 manual. At 3,526 pounds, the 2015 V6 fastback with a six-speed manual is just 30 pounds heavier than the 2014 model, and the GT now weighs 3,705 with a manual (a gain of 87 pounds) with the automatic up by 54 pounds at 3,729 pounds. Focusing on power-to-weight ratio, Ford says the new-gen Mustang is "the greatest, most advanced performing" model its ever built.