Ford of Europe has reportedly proposed a new coupe that would be slot beneath the Mustang.

Ford of Europe has reportedly proposed a new coupe that would be slot beneath the Mustang.

Little is known about the model, but is rumored to be a "glamorous" car that is based on a global platform. It was reportedly designed to appeal to people who will be turned off by the next-generation Mustang's size, price and thirst.

Unfortunately, the coupe has been put on hold due to ongoing concerns about the European economy. According to sources, Ford CEO Alan Mulally rejected the car because the market for specialty and niche vehicles is currently too unstable. While the car is in limbo, there is hope that it could be revived when the economy recovers.

Note: Ford Evos concept pictured

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