Production of the Mustang began in Dearborn, Michigan on March 9, 1964 and the car was introduced to the public on April 17, 1964 at the New York Worlds Fair. It is Fords third oldest nameplate currently in production. Original sales forecasts projected less than 100,000 units for the first year. This mark was surpassed in three months from rollout. Another 318,000 would be sold during the model year (a record), and in its first eighteen months, more than one million Mustangs were built.
The first Ford Mustang rolled off the assembly line in Dearborn, Michigan, on March 9th 1964. A month later, on April 17th 1964, Mustang made its worldwide debut. But, the journey from drawing board, to assembly line and to driveways all across the American landscape actually began many years before, in the fertile imagination of a young man named Lee Iacocca.
Ford Motor Company has sold well over 10 million Mustangs in the past 46 years and created 100 million more memories of youthful indulgence, magical first dates and unforgettable Friday night cruises. Now, as the fifth-generation 2011 Mustang rolls off the assembly line and into Ford dealership showrooms across the country, many who have experienced and reveled in the Mustang mystique think back to how it all started.
Automotive legend has it that other names considered for the first Mustang included the Cougar, Thunderbird II, T-Bird II, Torino, Turino and T-5. Ford executives agreed that the name Mustang was a perfect fit for the low slung, dramatically styled vehicle, but they objected to an image of a World War II fighter plane as the logo.
In 1979 the Mustang was redesigned a third time. This time it was based on the larger Fox platform and the interior was really large enough for four people. The trunk was larger and so was the engine bay. The body styles available included a coupe, hatchback and in 1983 a convertible. In 1979 the Third generation Mustang served as an Indianapolis 500 pace car and Ford built 10,478 commemorative replicas. The third generation Mustangs were produced from 1979 to 1982.
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