2015 Ford Mustang
(Ford Motor Company)

It may be the holiday gift Mustang enthusiasts are waiting for: Reuters is reporting that Ford will unwrap the next-generation, 2015 Mustang at some point this December, though some automotive journalists may get an earlier look. The publication says that select press members will be given a peek at the new pony car next week.

Publications such as Autoweek originally speculated that the Mustang's design would mimic a Ford concept car called the Evos, which featured swoopy, more rounded styling than the current model. More recent spy photos of 2015 Mustang test mules and various graphic renderings have led Autoweek to believe that the new model will feature "clean, straight horizontal lines." The publication also suggests that retro cues, such as divided tail lights, will remain.

There has also been plenty of discussion about the 2015 Ford Mustang's suspension and powertrains. Car and Driver has reported that the new model will, for the first time, feature an independent rear suspension (IRS) on all models. An IRS is considered superior to the live axle setup on the current model because it reduces weight and delivers better ride quality and handling, especially over uneven pavement. The publication claims that the new model will essentially carry over the current models' primary 3.7-liter V6 and 5.0-liter V8 engines, but may also receive a turbocharged 2.3-liter four-cylinder engine. Overall, Car and Driver says the next-generation will "be lighter and faster than the outgoing Mustang."

If you've been considering buying a Mustang (or one of its rivals, such as the Chevy Camaro or Dodge Challenger), you may want to wait until December to see what the new Mustang looks like before making a decision.

In the market for a Ford Mustang or another affordable sports car? Check out the U.S. News rankings of this year's best cars. Then, look for a great deal on a new vehicle by checking out this month’s best car deals. Also, be sure to follow us on Twitter and Facebook