Genesis GV60 vs Ford Mustang

What's the difference?

VS
Genesis GV60
Genesis GV60

$88,300 - $130,000

2026 price

Ford Mustang
Ford Mustang

$52,998 - $154,990

2025 price

Summary

2026 Genesis GV60
2025 Ford Mustang
Safety Rating

Engine Type
Not Applicable

V8, 5.0L
Fuel Type
Electric

Premium Unleaded Petrol
Fuel Efficiency
0.0L/100km (combined)

13.6L/100km (combined)
Seating
5

4
Dislikes
  • Expensive for an emerging brand
  • Very close to the (cheaper) Hyundai Ioniq 5 N
  • Safety systems still need better calibration

  • Hefty price increase over old model
  • Feels like an update, rather than new-gen 
  • Hyper-active safety systems
2026 Genesis GV60 Summary

Genesis has been in Australia for seven years, which in car industry terms is ancient (given the rapid pace of new arrivals). But the Hyundai-owned luxury brand has yet to make a real dent on challenging the likes of BMW and Mercedes-Benz and is now facing growing threat from the likes of Zeekr and Omoda-Jaecoo.

So it has opted for the tried and tested method of appealing to Australian customers - more performance. Australians have always had a soft spot for the likes of BMW M and Mercedes-AMG, so Genesis is hoping its new performance sub-brand, dubbed Magma, will help give it a sales boost as well as an image enhancement.

The Genesis GV60 Magma has just arrived in Australia and is the first member of what is planned to be an entire family of Magma halo vehicles. 

An electric performance small SUV is an unusual choice for a hero model, but there are some good reasons why this has potential and why it makes sense to be the first Magma offering. And both those reasons are largely the same, because the GV60 Magma is based on the same underpinnings and features and much the same powertrain as the Hyundai Ioniq 5 N and Ioniq 6 N. 

Just like Hyundai N has three core elements - Corner Rascal, Racetrack Capability and Everyday Sportcar - Genesis has created a trio of pillars for Magma. These are Design: Unspoken Dominance, Driving Sensation: Captivating Control and User Experience: Sharpened Immersion. 

Or to put it another way - slightly different, but fundamentally the same premise given the shared mechanical DNA. But Genesis has definitely put its own spin on it, so read on to find out if Magma is hot or not.

@carsguide.com.au How hot is the 2027 Genesis GV60 Magma performance EV? It might share a lot with the Hyundai Ioniq 5 and 6 N, but this electric sports beast is also gunning for the Porsche Macan! #genesis #GV60magma #ev #cartok #fyp ♬ original sound - CarsGuide.com.au
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2025 Ford Mustang Summary

The new Ford Mustang GT was not designed for Paris.

Fighting through the morning peak hour rush (which seems to extend through the middle of the day and the afternoon), the new Mustang feels like a caged animal. Which is appropriate, given the car’s namesake is a wild horse that exists to roam the American wilderness.

But once we finally break the shackles of Parasian traffic we find ourselves getting to let this Mustang gallop across the French countryside and unleash its full potential. But more on that later…

The reason we're driving the Mustang in France is because the American brand wanted to connect it to its new racing program at the famous Le Mans sports car race (you know, the one in the Matt Damon movie, Ford v Ferrari).

No less than Bill Ford, great-grandson of the company’s famous founder, was on-hand to see the Mustang at Le Mans, such is the passion for performance.

Ford (the man, not the company) took the opportunity to declare that the Blue Oval brand is not only committed to internal combustion engines for the foreseeable future, but it will retain the V8 under the bonnet of the Mustang GT for as long as it can legally do so.

Australians will have to wait a few more weeks (maybe months) before the seventh-generation Mustang arrives, but here’s what you can expect when it lands on local roads.

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Deep dive comparison

2026 Genesis GV60 2025 Ford Mustang

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