Ford has delivered its seventh chapter of its storied Mustang muscle car with reworked-but-familiar styling, revised chassis hardware, an all-new interior, and two improved powertrains. While the new pony is saddled-up for the future with a bevy of upgrades, the long-term fate of its closest competitors, the Chevy Camaro and Dodge Challenger, isn’t as rosy. The new-gen car continues to be powered by a 5.0-liter V-8, this time with output cranked to 480 horsepower. A 315-hp turbocharged 2.3-liter EcoBoost is also an improvement over last, but only slightly. Both powertrains come with a 10-speed automatic, but only the V-8 can be optioned with a six-speed manual transmission. Hardtop coupe and soft top convertible bodystyles are available too. The Mustang’s rethought cockpit and beefed-up engine choices keep the muscle car story alive. The Mustang enters its seventh generation. The new design brings the Mustang some desperately needed updates. Amid its many style and powertrain changes is a fresh roster of offerings for those with a true need for speed. Both Mustang GT and EcoBoost models will offer an optional Performance Pack equipment upgrade. The Performance Pack adds a front strut-tower brace, Torsen limited-slip differential, wider wheels and tires, larger Brembo brakes, and a MagneRide active-dampening suspension. Optional Recaro buckets and an active exhaust are also available for the performance-minded. Additionally, Ford offers a Performance Electronic Parking Brake that looks like a traditional lever-action handbrake and is said to makemodel the Mustang easier to drift. An all-new Mustang Dark Horse track-ready model has also been added to the ranks, toting a more sinister 500-hp Coyote V-8 engine and a direct line to the Ford Performance parts bin with leaner and meaner equipment upgrades.