An all-new generation Ford Mustang is currently in development, but the outgoing model isn't ready for retirement just yet. In fact, the internally badged S550 model was the best-selling sports car in the world last year, according to the automaker's analysis of registration data from S&P Global Mobility.
Ford managed to sell just under 70,000 Mustangs worldwide in 2021, though that number doesn't include the all-electric Mach-E crossover. Overall, the company says the United States accounted for 76 percent of all Mustang sales in 2021. The markets with the biggest growth in Mustang demand were New Zealand, up 54.3 percent, Brazil, up 37.3 percent, and South Korea, up 16 .6% sales.
The Mustang has been the best-selling sports car in the world for seven consecutive years, although 2022 could be more challenging for this model. In the first three months of the year, sales of the Mustang in the United States fell by as much as 19 percent, but the Ford product still took the crown of the best-selling muscle car in the country with 13,986 sales. The Dodge Challenger came in second with 11,124 deliveries, followed by the Chevrolet Camaro with 6,710 sales.
Meanwhile, work continues on the next-generation combustion-powered Mustang, and just yesterday a leaked image previewed the vehicle's front-end design. The 2024 Mustang is still in a relatively early stage of development, although it has already been confirmed that it will get a V8 engine. However, according to a recent report, it could only be offered with an automatic transmission.
The Mustang is a true American story that calls out for a classic gasoline sequel. Although there will almost certainly not be a V8 engine in Europe. Another interesting fact is that the Ford Mustang retains its post-delivery price as a used vehicle quite well in Europe, where after 5 years it retains more than other vehicles in the same class.