Ford Mustang 7th Gen Market Index2024-Present

About the Ford Mustang 7th Gen

Introduced for the 2024 model year, the seventh-generation Ford Mustang (S650) evolves the modern Mustang formula with updated styling, a more digital, driver-focused interior, and further refinement of its performance credentials, while retaining rear-wheel drive and V8 availability. Offered in fastback coupe and convertible body styles, the range continues with the 2.3-litre EcoBoost and the 5.0-litre Coyote V8 in GT form, alongside track-focused flagships such as the Dark Horse, which brings chassis, cooling, and aero upgrades aimed squarely at enthusiasts. Production is ongoing, so total build numbers are not yet final. In the Australian market, the S650 is officially sold in factory right-hand drive, continuing the Mustang’s strong local presence, with early demand centred on GT and Dark Horse variants, manual transmissions, and well-specced launch cars as the model establishes its place as the next chapter of a modern performance icon.