sorry, yes, and no...
sorry about the mustang (don't take it personally, just don't like'em)
yes there is a difference in coolant colors - Lexus and Toyota and other manufacturers may use "red" coolant... but one "red" is not the same as all the other "reds"... you should never really mix coolants back and forth... you can damage your engine because different fluids have different strengths, different lubricating chemicals, different additives, etc...
Always stick with a well known aftermarket company (Prestone for example)... or for best results - stick with what the manufacturer uses and just keep it clean! Some of the newer cars don't have to be replaced for over 190,000 km now!!! If you drive your car hard and use it a lot in summer traffic, you may want to change it more frequently... my advise: stick with what the dealer puts in adn make sure it's always full and clean. Your car's whole cooling / heating system will thank you...oh yeah, the different colors is just a marketing thing, makes them look pretty... ha ha
Good Luck
Ciao