Roughly one week before Christmas, Ford has just revealed new information about the 2024 Mustang. While we already saw what it looks like from the inside out back in September, the Blue Oval did not reveal the output figures of its V8 and EcoBoost engines during the launch. Even the more powerful Dark Horse V8 figures were not shared at the time of the pony car's reveal.

Luckily, it seems Ford is in a festive mood as the company released the official horsepower and torque figures of the 2024 Mustang. Beginning with the 2.3-liter EcoBoost, Ford claims that despite having the same displacement as its predecessor, the turbocharged four-cylinder is all-new from the ground up.

The new EcoBoost now makes 319 PS which is 5 PS more than before. Torque, on the other hand, remains the same at 475 Nm. Despite the minor increase in horsepower, the Blue Oval claims the turbo four-cylinder “has the most standard power in a four- or six-cylinder Mustang ever”.

Most powerful 2024 Ford Mustang can crank out over 500 HP image

Those who still prefer the good ol' American Muscle V8 will be happy to know the 5.0-liter Coyote V8 is now on its fourth generation. The eight-cylinder features several upgrades under the hood, including structure improvements, an upgraded oil pan, a dual throttle body, and a dual intake. The result is a V8 that cranks out 487 PS and 562 Nm of torque which translates to an increase of 30 PS and 5 Nm. Customers who equip their V8 Mustang with the optional active-valve performance exhaust will be able to eke out an extra 5 PS plus 4 Nm of pull.

For those who really want the ultimate V8-powered Mustang, Ford has also published the figures for the all-new Dark Horse. While it also uses a 5.0-liter Coyote V8 under the hood, it has unique upgrades over the regular GT that includes forged piston connecting rods, more durable camshafts, and a balanced crankshaft that are designed to handle higher cylinder pressures and piston speeds. All of these upgrades allow the 5.0-liter Coyote V8 in the Dark Horse to generate 507 PS plus 566 Nm of torque – a substantial increase of 30 PS and 11 Nm of pull over the outgoing Mach 1.

Most powerful 2024 Ford Mustang can crank out over 500 HP image

All engines for the 2024 Mustang are mated to either a 6-speed manual gearbox or a 10-speed automatic transmission. The Dark Horse will also be available with either gearbox but will be the only Mustang to come with a transmission oil cooler on the manual version for improved performance on or off the track.