Ford Mustang vs GWM Tank 500

What's the difference?

Having driven the latest example of the Mustang GT, I hope Bill Ford is true to his word and keeps the V8-powered Mustang for as long as possible. It isn’t the most razor-sharp sports car or the most powerful muscle car, but it offers the kind of driving thrills and enjoyment that have made the car an icon.

The price increase is steep but the new technology inside drags the Mustang into the modern era and will add more youth appeal to a car that is largely unchanged in concept for the past 60 years.

But now that I’ve driven it in the USA and France, I can’t wait for it to finally reach Australia.

Note: CarsGuide attended this event as a guest of the manufacturer, with travel, accommodation and meals provided.

The GWM Tank 500 Ultra PHEV is an impressive five-seat 4WD wagon. It’s reasonably nice to drive, it’s comfortable and it’s a capable 4WD. These vehicles keep improving and are increasingly stacked with characteristics to like.

There are still glaring range-specific issues with some of its driver-assist tech and its plug-in hybrid set-up doesn’t offer the fuel economy you’d hope for. At least not under real-world testing conditions. But the Tank 500 is packed with features and represents decent value-for-money when cross-shopped against the likes of its stablemate the regular hybrid, or the Prado and Everest.

While this is considered a ‘new generation’ Mustang, the reality is this is more of a major overhaul than a complete, blank sheet redesign. As such, there’s a lot of carry over to the design, but that’s not to say there aren’t some significant changes.

For example, it’s still clearly a Mustang in its silhouette, sharing that with the sixth-generation model it replaces, as well as the now-iconic 1960s Fastback models, but the details are noticeably different.

To try and create more differentiation between the GT and EcoBoost models, Ford has designed unique front ends for each. Both are characterised by a strong horizontal line across the front of the more angular grille that meets the new ‘tri-bar’ daytime running lights.

The EcoBoost has an upper grille similar in size to the out-going model, the GT is a much larger upper section which incorporates a pair of ‘nostrils’ as well as a bonnet vent - both of which are functional for cooling and aerodynamics.

Down the sides Ford has lowered the beltline and created a more defined rear fender ‘shoulder’ that helps create the impression of a wider car. 

At the rear the famous ‘tri-bar’ lights remain and there are unique diffusers for each model, with the EcoBoost running two exhaust tips and the GT getting quad pipes.

But it’s inside where the biggest design changes have happened. The retro-inspired cabin of the sixth-generation - which features shiny silver plastic toggle-like switches and round air-con vents - has been overhauled.

The iconic ‘double brow’ design to the dashboard, which dates back to the original 1964 Mustang, has been dropped and replaced with a pair of digital screens. There’s a 12.3-inch display for the digital instrument cluster and a 13.2-inch multimedia touchscreen.

This change is designed to appeal to a younger audience but also allows for greater customisation and variety of displays, with Ford developing six different instrument panel options depending on the setting the driver chooses.

The primary three are the 'Normal', 'Sport' and 'Track' modes, which have been inspired by the GT supercar and the Mustang Mach-E electric SUV, while there’s also a 'Calm' setting, providing only the necessary data, such as speed, in a simplified format.

The final two have been created to tailor to fans of the brand’s 1980s ‘Fox Body’ Mustang, with digital versions of its round analogue dials in both a ‘Day’ and ‘Night’ mode, with the former using white graphics and the latter getting retro green dials.

In terms of dimensions, the Tank 500 Hi4-T PHEV is 5078mm long (with a 2850mm wheelbase), 1934mm wide and 1905mm high. It has a listed kerb weight of 2820kg, so it’s not an insubstantial vehicle.

There are plenty of old-school 4WD design cues in the Tank 500’s appearance. It’s mostly chunky and straight up and down, with some softer curves here and there as concessions to contemporary styling.

It's clear to see where the GWM Tank 500 takes its cues from – most of the current crop of popular 4WD wagons, such as the Toyota LandCruiser 300 Series.

The Tank 500 is a large vehicle straddling that line between large and extra-large 4WD wagons. It is longer than any 300 Series, but it’s narrower and shorter.

It has a sunroof, roof rails, electric side steps (that extend when doors are opened and retract when doors are shut) and 18-inch alloy wheels.

The interior is well laid-out and functional with some understated class to it. There are soft-touch surfaces and genuine Nappa leather seating throughout.

The sixth-generation Mustang copped a lot of criticism for its interior look and feel, and while it certainly wasn’t at European levels of quality it was more affordable than any European V8-powered coupe.

The introduction of the new digital displays certainly adds a more premium impression to the cabin when you get inside, but you can still see a lot of the previous generation in this model, in particular the doors and centre console.

It’s pretty practical, for a sports car, with a pair of cupholders and a lidded centre console box for small item storage. 

One noticeable issue with the screens is the control virtually everything to do with the multimedia, including the air-conditioning, so trying to make small temperature adjustments is more complicated than just pressing a physical button. 

Not surprisingly space feels very similar to the outgoing Mustang with supportive and comfortable seating up front that made long stretches behind the wheel feel easy, which is nice for a sports car.

As for the rear seats, they remain incredibly tight for space and are better for soft item storage rather than squeezing people into.

Despite the largely carried over body and interior, the boot is slightly smaller than the previous model, with the coupe measuring 376 litres compared to the 408 litres offered previously. 

This Tank 500 has five seats because the two at the very rear have been removed to accommodate the hybrid battery.

The front seats are Nappa leather, power-adjustable (eight-way for the driver, six-way for the front passenger), as well as being ventilated with massage and memory functions.

The three-position second row – set up in a 60/40 split-folding configuration – breaks the usual 4WD wagon second-row seat tradition of being fine but not fantastic. The second-row set-up in this Tank is a first-class-cabin-style back seat with a flip-down control console (which includes air-con controls) instead of a basic centre armrest.

As mentioned there is no third row in this Tank 500 because of its underfloor battery.

Up front, the 14.6-inch multimedia screen (with wireless Apple CarPlay and Android Auto) dominates the dash. It's generally easy enough to use, although I had difficulty getting my iPhone hooked up to the system and the cabin set-up remains clunky and counter-intuitive in its operation.

The cabin has wireless charging, front and rear USB ports, as well as 12V and 220V power outlets.

The second row folds away to expand the rear storage capacity. Cargo volume is a listed 640 litres when all seats are in use and 1400 litres when the second row is stowed away.

The rear cargo area has tie-down points and a cargo slide cover.

The GWM Tank 500 PHEV is only available in high-spec Ultra trim and has a listed drive-away price of $78,990.

Standard features in the Ultra include a 14.6-inch multimedia touchscreen (with wireless Apple CarPlay and Android Auto), three-zone climate control, 18-inch alloy wheels, electric side steps, a 360-degree view monitor plus 'clear chassis view', auto parking assist, auto reversing assistance, lane departure warning and lane keep assist, all-terrain driving modes and an electronic rear diff lock.

Worth noting the Tank 500’s 37.11kWh battery supports Vehicle-to-Load (V2L) functionality, which means you can power your camping gear (lights, fridge etc). It offers up to 6.0kW of off-grid power, according to GWM.

'Marble White' paint is standard. Metallic paint, including 'Crystal Black' ($495), 'Dune Gold' ($595), and 'Onyx Silver' ($595) costs extra.

During the top secret development of this seventh-generation model there were plenty of rumours that Ford was considering a hybrid system for this Mustang. Fortunately for lovers of old-school V8 engines that proved not to be the case.

Instead it’s powered by a 5.0-litre V8 that's an evolution of the ‘Coyote’ unit from the previous ‘Stang but now featuring some technical changes, including dual throttle-bodies and separate airboxes to help improve performance. In the GT it’s tuned to make 345kW and 550Nm.

It can be paired with either a six-speed manual gearbox or 10-speed automatic transmission, both sending all the power to the road via the rear wheels.

Every Tank 500 Hi4-T PHEV has a 2.0-litre turbo-petrol engine, a 37.11kWh lithium-ion battery and an electric motor. And that combination produces a total* of 300kW and 750Nm. 

* Electric motor 120kW, petrol engine 180kW at 6000rpm. Motor 400Nm, engine 380Nm at 1700-4000rpm.

This system is mostly seamless in operation but as for GWM’s claims that it delivers “outstanding efficiency, performance, and refinement smooth, responsive take-offs, strong acceleration, and exceptional fuel savings - while ensuring minimal noise and maximum driving confidence”. Well, let’s just say this Tank 500 gets off the mark well for a large 4WD but the prompting requires a heavy right foot.

It is generally quiet and comfortable and yields a smooth driving experience. And as for fuel saving, flick your eyes down to ‘Efficiency’ to see how it did on this test.

This Tank 500 has a nine-speed automatic transmission, low- and high-range 4WD gearing, as well as a front, centre and rear diff lock.

While it hasn’t been confirmed by Ford, the Federal Government's Green Vehicle Guide has the Mustang GT rated at 12.8L/100km. And while that’s quite a thirst for unleaded petrol, it shouldn’t come as a surprise given it’s a 345kW 5.0-litre V8 engine.

If you value efficiency in your American muscle car, the four-cylinder turbocharged EcoBoost is rated at 9.4L/100km. But based on previous evidence, Mustang buyers are likely to opt for power over saving petrol.

The claimed consumption figure translates to a driving range between fills of around 650km.

Official fuel consumption is 2.1L/100km on a combined cycle on regular unleaded fuel (91) with low-charge consumption at 8.4L/100km. For reference, low-charge fuel consumption on this test was 10.2L/100km as recorded. Okay, but not a particularly compelling result.

The Tank 500 has a 70-litre fuel tank so, going by those fuel figures, you could reasonably expect a driving range of about 686km out of a full tank.

As promised earlier, here’s how the Mustang GT felt powering through the French countryside…

But first, it’s worth acknowledging that, in truth, it wasn't hard work getting through the traffic even in the manual Mustang. While the clutch is on the heavier side, it’s got a smooth action and the engine's torque and flexibility make darting in and out of gaps in the traffic a breeze.

However,  once out on the open roads the Mustang really could run free. The V8 engine sounded fantastic bellowing out across the fields and through the quaint little villages we passed through.

As you'd expect, the V8 provides plenty of grunt, it's an incredibly flexible engine pulling hard right across the rev range and makes us appreciate even more that this now remains the last of its kind since the demise of the V8-powered Chevrolet Camaro and Dodge Challenger.

Driving the Mustang in conditions like this makes you understand why it has been such a popular sports car not only in Australia but around the world for decades.

While the manual transmission has fallen out of favour with Aussie buyers, the truth is it's the pick for this GT. The fact it has less ratios to choose from than the 10-speed automatic means it feels more urgent and (again) the flexibility of the engine allows it to shine.

Not that the auto is bad, it does a fine job, it just lacks the buzz and engagement the manual ‘box provides.

What arguably impresses even more than the engine is the handling. Having driven the Dark Horse last year and being so impressed by its handling, particularly with the 'Performance Package', there was some concern prior to driving the GT that it would feel less impressive and, dare I say, duller.

But that's far from the case. Instead, the GT feels responsive and well sorted across a variety of road conditions. While it may lack the precise handling characteristics of a European sports car, it’s clear Ford has made this latest Mustang better suited for the rest of the world, not just America.

Not that Ford has made the Mustang too serious, as the introduction of the Drift Brake demonstrates. This rally-style electronic handbrake allows you to, as the name suggests, snap the car into a slide - when the circumstances allow.

Ford finally gave us our first (official) use of the Drift Brake when it paid us up with stunt driving expert, Paul Swift, who taught us how to slide the Mustang into a parallel park.

Obviously this is not designed for road use but for those who want to take their Mustang to the track it will no doubt lead to a lot of fun and some shredded tyres.

The Tank 500 Hi4-T PHEV is decent on road – and that’s good news for anyone thinking about buying this large 4WD.

It has more power and torque than its hybrid stablemate (300kW/750Nm vs 255kW/648Nm) for general day-to-day drivability while it retains all of the regular hybrid’s positive driving characteristics and few of the negatives.

This Tank 500’s turbocharged petrol engine and the electric motor work seamlessly together, with no discernible clunking or shifting between systems in the powertrain.

This is a big, heavy four-wheel drive – even heavier in this plug-in hybrid form than the regular hybrid because of this vehicle’s battery. But it is nicely settled and composed because of that weight.

This flip side is the extra heft on-board means there is some body-roll to this vehicle. It’s noticeable, but not a deal-breaker.

On highways, sealed surfaces or well-maintained bush tracks the Tank 500 is quite impressive. It’s settled, controlled and quite nice to drive.

Overall, this Tank 500’s suspension – double wishbone independent with coil springs at the front, and multi-link live axle with coil springs at the rear – is firm. There has been talk of it having been retuned for Australian conditions, but it remains stiff and jittery at pace, especially through backcountry bitumen in poor condition and lightly corrugated dirt roads. However, GWM informs me that the suspension set-up will undergo more retuning for Australian conditions and those changes will be incorporated into 2026 production vehicles.

Besides that, the engine, electric motor and transmission work quite well together. It is a reasonably smooth 4WD wagon to drive.

There are, however, glaring issues with the driver-assist tech, which is quite annoying in its operation. It’s either very jarring or intrusive in its application (example: adaptive cruise control braking way too early), or bloody annoying/dangerous (example: road-sign recognition abruptly tried to cut my speed from 100km/h to 40km/h because it registered the school zone sign off to the side of the highway. At the time it was outside school drop-off and pick-up times anyway.).

You can switch off the driver-assist features every time you start up, but the system resets and defaults to being annoying again when you switch off.

When it comes to 4WDing though, the good news returns.

This hybrid retains all of the regular Tank 500’s 4WD mechanicals, including the (BorgWarner-sourced) transfer case with high- and low-range 4WD, and it offers up plenty of torque across a decent spread of revs.

The off-road traction control system is suitably dialled in, hill descent control is effective, keeping you to a nice controlled low speed and there’s low-speed cruise control or the equivalent that keeps the vehicle to a controlled pace across varying terrain.

Not forgetting, the Tank 500 is triple locked – front, centre and rear diff locks – so there are few excuses to not be able to crawl over most off-road obstacles.

However, the tyres on this vehicle (Giti Xross HT71 SUV - 265/60R18) aren't up to scratch when it comes to off-roading beyond anything other than well-maintained tracks in the dry. The Tank 500 as is well suited, straight out of the dealership, for light to moderate off-roading. But if you swap in a decent set of aggressive all-terrain tyres the Tank 500 will be able to more comfortably take on more challenging terrain.

But it's capable of climbing. I took on a 30-35 degree incline of rock steps and the Tank 500 did it easily and comfortably on its standard highway tyres.

Most of the plug-in hybrid Tank’s off-roading characteristics check out. Approach, ramp over and departure angles are as per the regular hybrid Tank 500 (30, 22.5 and 24 degrees) and wading depth is a listed 800mm although the country was so dry at our proving ground that I never had the chance to test that claim.

Ground clearance on the Tank 500 Hi4-T PHEV is listed as 213mm (it’s 224mm in the normal hybrid) but that doesn't negatively impact this vehicle's off-roading capability if you drive it with control and consideration.

It is big, so it can be a little bit tricky to steer around, especially when the track becomes tighter and the obstacles become a bit more cheeky, but generally this can be driven very safely and with the utmost control through a lot of tricky four-wheel driving challenges.

It's not as polished in its off-road performance as something like the Toyota Prado or Ford Everest, but it does the job and there's a bit of a gruff edge to it, which some people might consider part of its charm.

As mentioned, the Tank 500’s 37.11kWh battery supports Vehicle-to-Load (V2L) functionality, which in theory means you’ll be able to power your camp-site (lights, fridge etc), but I’ll reserve final judgement on this set-up until I have the opportunity to test it over a long weekend with several appliances drawing power at the same time.

If you’re thinking about using this Tank PHEV as an adventure touring vehicle then it’s handy to know its payload is listed as 610kg, while it’s noted as 790kg in the Tank 500 HEV. Throw two adults, two teenagers, a dog, and camping gear in and you’ll hit that 610kg mark in no time.

The Tank 500 is rated to tow a 750kg unbraked trailer and 3000kg braked. Gross vehicle mass is 3430kg and gross combined mass is 6430kg.

The Tank 500 has the maximum five-star ANCAP rating from testing in 2024. As standard, it has seven airbags and a comprehensive suite of driver-assist tech including AEB, lane departure warning, adaptive cruise control, tyre pressure monitoring, front and rear parking sensors and a 360-degree around-view camera.

There are no details confirmed at this stage but there’s no reason to believe the Mustang won’t be covered by Ford Australia’s usual five-year/unlimited kilometre warranty.

Similarly, service intervals are likely to be 12 months/15,000km.

For reference, capped price servicing on the out-going Mustang GT came in at $299 for each of the first four services, up to four years/60,000km. Not bad.

The Tank 500 is covered by a seven-year/unlimited km warranty, seven years' roadside assistance and seven years' capped price servicing.

The Tank 500’s 37.1kWh traction battery has an eight year/unlimited km warranty.

The first service is scheduled at 12 months/10,000km; the rest of the servicing appointments are set for every 12 months/15,000km. Lowest price per services is $335, highest is $975.

GWM has 122 dealerships nationwide at time of writing.