The new Ford Mustang today debuted in the Philippines with a $69,100 price for the 5-liter V8 powered GT. This adds another meaning to muscle car – as in having the strength to lift a wallet that large. The 3.7-liter V6 Mustang is priced at almost $60,000 in Manila. Customer deliveries start in September.
The descendants of the original pony car come from the AutoAlliance International Plant in Flat Rock, Michigan. Ford has had a spotty history in the Philippines and pulled out of the market in the early 1980s only to return in 1998. Japanese makes not surprisingly dominate the market.
The Ford Mustang is the fourth vehicle the company has launched in the Philippines this year, following the all-new Ford Ranger, all-new Ford Explorer 2.0L with EcoBoost, and all-new Ford Focus.
“We are delivering a distinctive and emotional design presence that celebrates the total performance of Mustang,” said Vinay Piparsania, vice president for Marketing and Sales.
In Asia the Mustang’s 3.7-liter V6 engine is rated at 305 PS of power and 380 Nm of torque; The 5-liter V8 engine delivers 420 PS of and 529 Nm of torque.