With the ability to accelerate from 0-62mph in just five seconds, the new Ford Mustang will be the fastest car ever built by the 112-year-old company.

To be exact, in fastback guise, the top-of-the-range 5.0 litre V8 version – complete with six-speed gearbox – will complete the standard acceleration test run in just 4.8 seconds.

In terms of Fords sold in the European market, only the Ford GT has been faster in recent times.

However, those whose pocket or driving tastes prefer the 2.3-litre turbocharged version won't be exactly tootling along either; it can reach 62mph from standstill in just 5.8 seconds.

This more 'conservative' model may also be the preferred option among the environmentally (and fuel bill) conscious – offering 35.3mpg (in manual) and 179g/km in emissions.

The range-topping 5.0-litre model however, will soon have you on first-name terms with your local petrol station staff. The manual V8 drinks 20.9mpg – while emitting 299g/km of CO2.

While having integral link suspension based on that of the Ford Mondeo might not be everyone's idea of glowing praise, Ford nevertheless insists that the Ford Mustang's motoring experience will be “a revelation" for European buyers.

Buyers on this side of the pond will benefit from an as-standard Performance Pack which includes improved brakes and cooling.

Fears over high petrol bills and poor environmental credentials have not stopped the Mustang racking up more than 2,200 orders across the continent.

The first UK Mustangs will reach these shores in October.