Yes, the 5.0-liter V8 will continue to be the premium engine offering in the all-new Ford Mustang. And yes, the 3.7-liter V6 will also continue on as the base engine. However, it's the new 2.3-liter turbocharged four pot engine that Ford has extremely high hopes for. Enthusiasts, understandably, are already balking at the thought of having anything less than a V6 under the hood of their beloved pony car, but times are changing and so is the technology.

During our conversation with Ford's European Line Director, Darren Palmer, at Geneva, we brought up the topic of possible turbo lag stemming from the EcoBoost. With a confident "No," Palmer reassured us that turbo lag won't be an issue. The V6 will only be offered in the US. Europe will have the EcoBoost and V8 to choose from. Palmer is also confident this engine will quickly win over skeptical Americans. After all, it is more powerful than the V6 (305 vs. 300 horsepower) and more fuel efficient. As long as the issue of turbo lag has been taken care of, Ford is predicting the EcoBoost will quickly become the mainstream choice – both in Europe and the US.