At least, that's what CEO Jim Farley hopes.
The world might be turning towards EVs, hybrids, and eco-friendly SUVs, but there is still a massive global market for sports cars. In fact, sports car sales are so good that some manufacturers can't keep up with demand, and with new models such as the Nissan Z and the highly anticipated Toyota GR 86 hitting showroom floors, there has never been a better time to buy your dream car. The legendary Ford Mustang, which has been around for over half a century, continues to be one of the best-selling sports cars in America, and Ford has voiced its commitment to developing new sports cars. Ford CEO Jim Farley recently spoke to the media at the Monterey Car Week about the future of the Mustang, and it sounds rather exciting.
Farley spoke to The Drive journalist Kyle Cheromcha about the future of the Mustang and when we could expect a new car, and while concrete facts were hard to come by, he did say that his goal is "for my kid to have it on his wall. Or on his phone". These are big words, especially considering the fact that the Ford Mustang has never been considered that exotic, and judging by the third, fourth, and fifth-generation cars, the Mustang was never destined to be a poster car, although the latest Shelby GT500 could qualify. We do know that Aiden Chang-il Lee will be designing the new Mustang, however.
According to some sources, the next Mustang should be arriving for the 2023 model year. We're not expecting an all-new car, and Ford will most likely make use of the current platform, but we should see drivetrain and powertrain changes, including an AWD version and some hybrid technology. If there's one thing we know about Ford, it's that it likes to play around with engine options; just look at the 2.3-liter Ecoboost available in the 'Stang right now. Ford has had a good run in terms of its designs in the last few years, so whatever Lee and the team come up with, we're sure it will be worth the wait.