Natalie Parkinson
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Ford Motor has redesigned Mustang

Almost 50 years after Ford Motor Co.’s first Mustang introduced Americans to the fast and affordable pony car, the automaker is counting on a new design it unveils on four continents to spur global sales.

Ford has kept a tight lid on its newest model, stoking speculation over how the automaker plans to handle a crucial tradeoff: honoring the look that has made the Mustang a classic, while also updating the car to compete with General Motors Co.’s more futuristic Chevrolet Camaro.

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