DEARBORN, Mich., Sept, 2004 - Ford Division announced that the 2005 Ford Mustang - an all-new version of America's best-selling sports car - will be priced at $19,410 for the V-6 Coupe. The V-8 powered Ford Mustang GT will begin at $24,995, making it the most affordable 300-horsepower sports car in the industry.

Mustang has thrived for 40 years by staying true to the basic formula established in 1964: great design and affordable performance. The new 2005 Ford Mustang continues that tradition with an all-new platform and clean-sheet design that makes it faster, safer, more agile and better looking than ever.

"Today, we're delivering on the promise that we made to Mustang and sports car aficionados earlier this year," said Steve Lyons, Ford Division president. "We're delivering real value with a well-equipped 2005 Mustang V-6 Coupe for under $20,000 and the V-8 Mustang GT for under $25,000, which is quite fitting for a car that is unparalleled in so many ways."

The Mustang is part of the most aggressive rollout of new cars, trucks and SUVs in Ford history. By this fall, Ford Division dealers will field a showroom where more than 60 percent of the vehicles are all new or significantly freshened. In addition to Mustang, new products include the Ford F-150 and F-Series Super Duty pickups, Freestyle, Five Hundred, Focus, Escape, Escape Hybrid and Ford GT.

All of these designs are among the more than 65 new products Ford, Lincoln and Mercury are introducing in North America during the next five years. Next year, Ford will add the Ford Mustang Convertible, which will be unveiled in January at the 2005 Los Angeles Auto Show.

2005 Ford Mustang GT
The industry's most affordable 300-horsepower sports car is the Ford Mustang GT Coupe model, which has a base MSRP of $24,995. This includes the destination and delivery charge. Taxes, title and license fees are not included. Major standard equipment includes:

The Mustang GT Coupe Premium model, which adds a Shaker 500 audio system with six-disc CD player and MP3 capability and Aberdeen leather-trimmed embossed sport bucket seats, begins at $26,330.

Major options available on all Mustang GT Coupe models include an interior upgrade package ($450), interior color enhancement package ($175), 5-speed automatic transmission ($995), side air bags ($370), 17-inch bright machined aluminum wheels ($195), active anti-theft system ($255) and Shaker 1000 audio system ($1,295).

2005 Ford Mustang V-6 Coupe
The most attainable Mustang is the V-6 Coupe Deluxe model, which has a base manufacturer's suggested retail price (MSRP) of $19,410. This includes the destination and delivery charge. Taxes, title and license fees are not included.

The Mustang V-6 Coupe Premium model also starts under $20,000 and adds 16-inch bright machined aluminum wheels with chrome spinner, Shaker 500 audio system with six-disc CD changer and MP3 capability and six-way power adjustable driver seat - all for $19,995.

Major options and appearance packages available on all Mustang V-6 Coupe models include an exterior sport appearance package ($295), interior upgrade package ($450), 5-speed automatic transmission ($995), anti-lock brakes with all-speed traction control ($775), side air bags ($370), leather seating surfaces ($695) and an active anti-theft system ($255).

The 2005 Ford Mustang, which will be manufactured at the Auto Alliance International assembly plant in Flat Rock, Mich., will begin arriving in Ford showrooms in October.

Souce: Ford Motor Company