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In my previous "jaunt" to the US I saw a Mustang being used as an interceptor (I wasn't close enough to see if it was a GT or a V6 however)
Our police also used WRX's as interceptors back in the late 90's when few cars would catch them... the big V8 sedans have caught back up however.
We also used to get the Monaro being used (Pontiac GTO) being used occasionally too... but the sedan version is more popular because you could put DUI's in the back easier.
My old man is a member of the RCMP and he was able to test both the Camaro and Mustang at a local track and he liked the Mustang much better.
The Camaro had the advantage top end ( obviously ) but the Mustang handled much better and the ergonomics in the car suited the setup of the equipment needed in the cars. (aka the shotgun mount )
For the record, only 1 Mustang was destroyed in the testing.