Here's What the Next-Generation Ford Mustang Could Look Like

The Ford Mustang will turn 60 years old in 2024. Rumors have swirled that to mark the occasion, Ford plans to release the all-new Mustang next year. Known as the S650, this updated Mustang promises to bring a host of changes, including a refreshed appearance inside and out, as well as some new powertrains. Here is everything we know so far about the S650 generation Ford Mustang.

Update Sept. 14, 2022: The new Mustang has officially arrived. Find all the news here.

2024 Ford Mustang: Price and Release Date

Leaked documents initially suggested the S650 would debut in 2022 ahead of a 2023 on-sale date, though it appears the timeline has shifted a bit amid the current production nightmare. In an interview with Wheels, Ford’s Ali Jammoul suggested the S650 Mustang would arrive before the end of 2023 as a 2024 model year product.

Following a report from Automotive News, CEO Jim Farley confirmed on Twitter the 2024 Mustang will be revealed on September 14 at the Detroit Auto Show, sharing a short sound clip and confirming the manual transmission's return.

While we don’t have any official information to share at this time as far as pricing is concerned, we wouldn’t expect a major change going into the S650 generation. The Mustang continues to top the charts as one of the world’s best-selling sports cars. Expect entry-level pricing to begin around $30,000, with optional powertains and high-performance models carrying larger price tags.

What Is the S650 Mustang?

The debut of the S650 will mark the beginning of the seventh generation of the Ford Mustang. Like the S550 that preceded it, the new Mustang is expected to stick around for an eight-year production cycle, despite stricter emissions regulations due nationally in 2026. Rumors have persisted that Ford will underpin the S650 with its large RWD CD6 platform, which is currently employed by the Ford Explorer and Lincoln Aviator models. That said, bundles of spy photographs suggest that the new Mustang may be more of a refreshed model than was initially expected.