Ford Motor Company today made clear that recent media speculation concerning an expanded Mustang line, including a sedan and wagon model to be sold in global markets, is not true. Mustang is an icon and will continue in its current form: a unique, two-door, rear-wheel drive, 2+2 performance car.

At the 2007 North American International Auto Show, Ford will unveil a four-door, rear-wheel-drive concept car. The concept, known as “The Interceptor”, is based on the Mustang’s rear-wheel-drive architecture but it is not a Mustang and no production plans have been announced. Additional information on the Ford rear-drive concept will be available December 31, 2006.

There you have it. The Mustang is safe for the time being. You can view the official press release here.