PASADENA, CA — Ford Motor Co. wrangles the original pony car in a different and segment-redefining direction with the launch of its somewhat-new-for-1999 Mustang Cobra. No small task, considering the car is really only a refresh. Although the whole Mustang herd may be long overdue for a ground-up redo, the new stuff packed in the 1999 Cobra more than makes up for its antiquated roots. The big news: Its haunches now squat confidently on an IRS. No, not the IRS. An IRS, as in independent ...

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