Yesterday we brought you live coverage of the all-new 2015 Ford Mustang debut. Revealed at the TCL Chinese Theatre in Hollywood, California, we were there to cover the entire event with a follow up reveal to the public in Venice, California, later that afternoon. Ford has been working on this Mustang since 2009, redesigning and modifying every bolt of the car.

The entire car has changed all the way down to the floor pans. For the much anticipated 50th anniversary, the ponycar will come with 3 available engines: 3.7L V6; 2.3L EcoBoost turbocharged four-cylinder; and Coyote 5.0L V8. Outside, the car has seen many changes. Of course, we’ll let you decide for yourself. In the meantime, here’s our take on Ford’s all-new 2015 Ford Mustang. We cover the engine, brakes, exterior and interior as well as some of the features and options.

GETTING UP CLOSE AND PERSONAL - ENGINE AND BRAKES

The 2015 Ford Mustang GT is a sight to see up close, with sleek lines and an aggressive grille, the car is drastically different than its predecessor. The Mustang GT will come with a Coyote motor capable of a projected 420 hp, the same as the 2014 version. We’re not positive, but we’d bet Ford will try to get more power from the engine.

Backing-up the all-aluminum Coyote motor will be either a six-speed manual transmission or optional six-speed automatic with paddle shifters. We noticed Brembo brakes peeking out from behind the large rims on the GT version at the TCL Chinese Theater. All Mustangs will come with four-wheel power disc brakes. The 3.7L and 2.3L Mustangs will come with 12.6-inch, twin-piston brakes up front, while the 5.0L Mustang GT will have 13.9-inch, four-piston brakes behind the front wheels. We’ve also gotten word that the car will retain an independent rear suspension.

THE INTERIOR

Upon first inspection, the interior feels much different than the 2014 model. The new generation of the Mustang will see a throwback-styled interior, giving it the look and feel of the first generation Mustang from 1964. Individual “pod style” seating make the passenger and driver look and feel snuggly fit for the drive. Carbon fiber trim, Recaro seats, and a decked-out infotainment system keep this new generation Mustang modern.

THE OUTSIDE

The exterior of the 2015 Ford Mustang GT is a bit edgy while keeping the look and feel of its heritage. One of the first aspects of the car we noticed while on stage at the TCL Chinese Theater was the headlights that dominated the frontend. Radically different than the previous model, this all-new Mustang features wrap-around lights that mimic the mid to late ‘90s Mustangs while being even more aggressive. Some even suggest a European vibe from the lights, but we’ll let you decide.

Looking dead-on at the front, the grille, fog lamps, and wide mouth of the bumper are what standout most. The usual snout of the car has been retained, but is now protruding even more and hung lower. The narrow headlights, coupled with the downward slope of the front fascia make the car appear slimmer and more stylized. The air dam, fog lamps, and secondary grille carry the lower half of the car’s edges towards the rear.

The hood of the car has wide, yet stylish vents that continue the knife edges of the body. Are these hood vents functional? We don’t know; sadly, Ford never opened the hood for us to see what’s underneath. We’ll speculate not, but possibly down the road the 2015 Ford Mustang Shelby GT500 version of the car will utilize the induction. Again, the decision to not round off the car’s hood too much keeps it looking aggressive and modern.

Noticing the side of the car from afar, the roof line and a-pillar seemed to be more aggressive angled towards the rear. A true fastback design was considered when designing this car. The rear corner windows and back glass seamlessly flow into the back deck lid. A longer hood and shorter deck make this a true ponycar. The roof of the car features a wide indent that flows from glass to glass; the mild body lines should look great with racing stripes.

From behind, the car features more predominant tail lights that protrude from the body to give the ‘Stang its noticeable sequential design. The bumper is tall, for crash safety purposes, and features a single reverse light below the license plate. Dual exhaust cut-outs are sculpted into the bumper; and what appear to be stainless steel tips poke through, giving the lower fascia an aggressive and modern look. Strong, swoopy body lines also carry your eyes to the lower half of the rear bumper, suggesting a plastic construction. The placement of the reverse light almost seems like an afterthought.

OUR FINAL THOUGHTS

Overall, the release of the all-new 2015 Ford Mustang appears to be a conservative approach. It could be argued that Ford is looking for a broader market than in previous years. The ponycar has not seen a four-cylinder in 20 years, which makes the focus on better gas mileage ever more relevant. With a turbocharged, 305hp 2.3L EcoBoost motor, it seem obvious the manufacturer is after an efficiency driven audience. We’re glad to see Ford will use this stylish 50th anniversary Mustang Ford to continue its great selling power, hopefully that equates to radically improved GT500 and Cobra jet packages for the hardcore enthusiasts.