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Is that a recent pic of the new Mustang, that is one ugly car?
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That is the watered down 6 cylinder. They increased displacement on the 6 cyl "rent-a-car" to get 202 or 210 hp. The V8 mustang has a more aggressive front facia, lower air scoop, 60's era fog/driving lights in the grill and other improvements.
I was reading a car magazine and they listed the improvements. It shares 30% of the chassis components with the Lincoln LS platform, retains 30% from the last chassis and has 40% new bits. Chassis rigidity is double the last platform.
The live rear axle was for cost and to cater to their market of drag racers. They claim it is easier to swap rear-end ratios and the live axle is beefier for hopped up motors. They did do something right in making provisions in the chassis for the SVT Cobra versions and potential Shelby versions (battle yet to start on who will make / name it) that will have IRS. I got a kick out of the magazine article calling the front Mcpherson strut design outdated but, that BMW has had success (as well as other high end cars) making "it work".

I have a tuned "outdated" suspension on my iX and it handles wonderfully.
Jason