The fourth-generation Ford Mustang is an automobile that was produced by the American manufacturer Ford for the 1994 through 2004 model years. For 1994 the Ford Mustang underwent its first major redesign in fifteen years, being introduced in November 1993 and launching on December 9, 1993. The design, codenamed 'SN-95' by Ford, was based on an updated version of the Fox platform, the final Ford vehicle underpinned with this platform. It featured styling by Bud Magaldi that incorporated some stylistic elements from the classic Mustangs. A convertible returned, but the previous notchback and hatchback body styles were discontinued in favour of a single fastback coupe body style.
Following the base Mustang in December 1993, the Mustang GT was reintroduced in January 1994, featuring higher performance and better handling than the base Mustang or its 1993 predecessor. Ford carried over the 302 CID pushrod small-block V8 engine (called the '5.0 L' although its actual displacement was 4.94 L) from the 1993 Mustang GT. Total output from the engine was 215hp at 4200rpm and 386Nm of torque at 3400rpm. Mustang GTs could deliver zero to 60mph (97km/h) acceleration times in the high-six-second range and complete a quarter-mile in about 15 seconds. The Mustang GT also featured a stiffer handling suspension, a 3.08:1 rear axle ratio (later changed to 3.27:1 or 3.55:1 depending on the transmission and model year), dual exhausts, and larger 16-inch (410mm) wheels (compared to the base Mustang's 15-inch wheels). The 1994 Mustang GT was named Motor Trend Car of the Year.
In 1996, Ford dropped the 302 CID small block V8 that was in production since 1968 and introduced the Modular 4.6 L SOHC V8.