The Ford Bronco wasn't the only stallion the Blue Oval has revealed today. The automaker has also revealed the specs, variants, and features of the all-new 7^th generation Mustang.

Now dubbed the S650, the next-generation pony car will continue to be offered in both 2.3-liter EcoBoost and 5.0-liter V8 variants. Beginning with the former, the four-cylinder turbo Mustang gets an all-new 2.3-liter engine that pushes out 319 PS at 5500 rpm along with 475 Nm of torque at 3000 rpm.

Meanwhile, the 5.0-liter Coyote V8 has been upgraded in the GT variant and now cranks out 493 PS with a hefty 567 Nm of torque at 4850 rpm.

The two engines are connected to a 10-speed automatic gearbox with paddle shifters and a limited-slip differential. Giving the Mustang better handling comes in the form of a Magneride damping system while Brembo brakes give the pony car better stopping power. Other neat features available in the 2024 Mustang include black-painted Brembo brake calipers, a 3.55 final drive ratio, and active valve exhausts with quad chrome tips.

Both the EcoBoost and V8-powered Mustang come with 19-inch alloy wheels. However, while the EcoBoost gets 255/40/ZR19 tires on all four corners, the V8 GT gets 255/40/R19 at the front while the rear rolls on 275/40/ZR19 rubber. Size-wise, the 2024 Mustang measures 4811mm long, 2097mm wide, and 1407mm tall (1411mm on the V8 GT). It also has a 2719mm wheelbase.

When it comes to interior amenities, all Mustang variants get a 12.3-inch digital instrument panel and a magnesium-framed 13-inch SYNC4 infotainment system. There's also a 12-speaker Bang & Olufsen sound system, wireless Apple CarPlay & Android Auto, dual-zone automatic climate control, LED ambient lighting with customizable colors, Recaro leather seats, a wireless charging pad, FordPass Connect, and Ford Co-Pilot 360 intelligent driver aids.

Available colors for the 2024 Ford Mustang include; Grabber Blue (GT Exclusive + PHP 20,000), Iconic Silver, Oxford White, Race Red, Shadow Black, Vapor Blue, and Yellow Splash (GT Exclusive + PHP 20,000).

2024 Mustang 2.3L EcoBoost Premium Fastback – PHP 3.499 million

2024 Mustang 5.0L V8 GT Premium Fastback – PHP 3.999 million