The V-8-powered Ford Mustang will not be discontinued anytime quickly, Ford CEO Jim Farley declared in a not too long ago printed interview with Motor1.

The rival Chevrolet Camaro goes on hiatus after the 2024 mannequin 12 months, whereas the present Dodge Challenger is about to be changed with a brand new mannequin with no V-8 possibility. The final examples of each fashions have been constructed close to the tip of 2023. That hasn’t fazed Ford, although.

“Quite a lot of our rivals have left,” Farley stated, noting that Chevy and Dodge have constructed their muscle automobiles on and off over time whereas Ford has saved the Mustang in steady manufacturing. “And if we’re the one one on the planet making a V-8 reasonably priced sports activities automobile for everybody on the earth, so be it.”

2024 Ford Mustang GT California Particular

The standard V-8-powered Mustang can stick round partially due to the all-electric Mustang Mach-E crossover, which helps offset the emissions of internal-combustion fashions, in keeping with Farley.

“Mach-E lets us promote ICE automobiles for a very long time to come back,” he stated.

One other issue is racing. Coinciding with the launch of the redesigned 2024 Mustang, Ford launched a complete fleet of racing variations, together with a Mustang-branded NASCAR racer and NHRA drag racer, a Mustang for the Australian Supercar Sequence, and Mustang GT3 and GT4 variants for worldwide sports activities automobile racing. All have V-8s, so retaining one within the Mustang highway automobile helps make these numerous racing efforts extra related.

2024 Ford Mustang Darkish Horse NASCAR Cup Sequence race automobile

“What different automobile on the earth races on six continents on any given weekend? And that is as a result of now we have a V-8 engine,” Farley stated. Ford additionally plans to make use of the racing packages to help growth of future highway automobiles, he claims.

Unmentioned by Farley, however price noting as properly, is that Mustang gross sales are wholesome. The Mustang outsold the Challenger and Camaro in 2023. Gross sales have been up 2.2% over the earlier 12 months with 48,605 automobile bought, and the gasoline Mustang as soon as once more outsold its electrical Mach-E counterpart.