AutoGuide News Blog
The AutoGuide News Blog is your source for breaking stories from the auto industry. Delivering news immediately, the AutoGuide Blog is constantly updated with the latest information, photos and video from manufacturers, auto shows, the aftermarket and professional racing.
Perhaps it’s just a coincidence, but we doubt it. With sales of the Ford Mustang poised to be surpassed by the Chevy Camaro for the first time in several decades, Ford will look to make its pony car more attractive next year.
So how can you make the new Mustang GT, complete with its impressive 412-hp 5.0-liter V8 engine even better? Easy: make it cheaper.
For 2012 Ford will drop the Mustang GT’s base price by $500 to just under $30,000 – $29,995 in fact. Unfortunately the Premium GT model goes up in price by $200 and the Premium GT Convertible gets a $700 bump.
Upgrades for 2012 include a new Lava Red color with new content including a illuminated vanity mirrors, a universal garage door opener and a three mode (Comfort, Normal and Sport) selector for the electric power steering system.