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The Mustang GT is equipped with a Ford 4.6 liter eight-cylinder engine that utilizes 24 valves. The engine is mated to a Ford 5-speed Transmission. This is a long-standing favorite for buyers in the Convertible arena.
The 2006 Mustang is an important vehicle to Ford for the convertible market segment. The Base is a member of a series of two trim levels for the Mustang which include Base and GT. The two-door car with its rear-wheel drive is positioned to aggressively fill this niche for Ford. There is strong competition from vehicles from Kia.