Ford Australia was quick to refute reports that their Mustang would have less power, pointing out that the same engine will be used in both the American and Australian version.

Given all the rave reviews the 2015 Mustang has gotten, it certainly seems well-deserving of the North American Car of the Year honor, which is voted on by a panel of automotive journalists from around the country. But is the new Mustang a shoo-in?

After its smashing debut at the L.A. Auto Show last month, we knew it wouldn’t be long before the newly unveiled Shelby GT350 started popping up in the wild.

The only remaining drivable “Eleanor” Mustang from Nic Cage’s version of “Gone In 60 Seconds” is up for auction this week at a Mecum event in Austin, Texas. And guess what? Speculations are that it won’t come cheap.

Racing forward with its plans to expand the nameplate globally, Ford recently announced that it will start exporting the new 2015 Mustang in China, Europe, and Australia in early 2015.