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The 5th Gen Camaro is a more attractive car than any 2005-2014 Mustang. Mustang guys will always buy Mustangs, and Camaro guys will always buy Camaros, so really it's the neutral parties that decide the success or failure of a pony car. The cars are so closely matched that the only thing that really separates them is their aesthetic design. The 5th Gen Camaro was a remarkably un-diluted production version of a very well-received concept car. The 5th Gen outsold the Mustang because it looked better.
The problem is that the new Mustang looks better than the new Camaro. I anticipate the Camaro not doing nearly as well in sells compared to the Mustang and 5th Gen.
That explains a bit sure, especially the more boxy bloated versions of the fifth gen Mustang but it was a car that did improve upon its platform and Ford made the car look better and trimmed it up a bit to where it wasn't so bloated and it still lost. This is why I disagree with the notion that since GM came to the party later they were loved more so than the other two, and still loved when the Mustang started using new tricks (looks and power).
If anything Ford made the new sleeker Mustang the way they did to finally outsell GM
EDIT: Though I do agree that the Camaro's "new" looks will probably hurt it to the point where as someone said earlier will make it a short lived sixth gen.
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