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New Ford Mustang leaks out ahead of official reveal

The first photo of the 2015 Ford Mustang Ford has been busy getting ready for a reveal of the new 2015 Ford Mustang on the 5th December, but their powder has been made a little damp by scanned images from Autoweek’s story on the new Mustang leaking out ahead of publication. The new Mustang still looks like a Mustang, but in a  nod to Ford’s European styling mantra it gets a version of the Aston Martin like grill now proliferating across Ford’s European range together headlights incorporating LEDs. At the back, the new Mustang has the required three bar lights and a new diffuser, whilst the interior looks decent quality if a little retro in style.

Crunch watch Dec 09: the auto industry in crisis

Welcome to CAR's news aggregator as we round up the seismic change in the auto industry. Top tip: news summaries are added from the top hour-by-hour Wednesday 30 December 2009• Saab's PR chief told AN that GM is extending the deadline for a sale to 7 January – and the Trollhattan factory will resume limited manufacturing in early January to build the new 9-5 and some 9-3 cabrios (Automotive News, subscription required)• Last night Bloomberg reported a Saab board member claiming that the 31 December deadline for a Saab sale or closure 'is not holy'. If GM receives a bid that is 'sufficiently interesting', it'll extend the deadline, said the Saab suit (Automotive News, subscription required)• GM is offering massive discounts on Pontiac and Saturn cars, as it seeks to get rid of the remaining stock from these terminated brands.

Who's Where: Frank Stephenson to move to Fiat

Frank Stephenson, Director of Ferrari-Maserati Concept Design and Development, is to move to Fiat to become Head of the Fiat, Lancia and Commercial Vehicle Styling Centre, based in Turin. Fiat Auto has seen a number of senior management changes within the last week, as part of an overall restructuring of the group. These include the appointment of Karl Heinz Kalbfell, Chief Operating Officer of Alfa Romeo, who is to become Chief Executive Officer of Maserati and replace Martin Leach who is now leaving the Company.