The Ford Mustang, a two-seat, mid-engine sports car, is officially unveiled by Henry Ford II at the World’s Fair in Flushing Meadows, New York, on April 17, 1964. That same day, the new car also debuted in Ford showrooms across America and almost 22,000 Mustangs were immediately snapped up by buyers. Named for a World War II fighter plane, the Mustang was the first of a type of vehicle that came to be known as a ‘pony car’. Ford sold more than 400,000 Mustangs within its first year of production, far exceeding sales expectations. The Mustang was conceived as a ‘working man’s Thunderbird,’ according to Ford. The first models featured a long hood and short rear deck and carried a starting price tag of around $2,300. Ford general manager Lee Iacocca, who became president of the company in October 1964 (and later headed up Chrysler, which he was credited with reviving in the 1980s) was involved in the Mustang’s development and marketing. The same year it debuted, the Mustang appeared on the silver screen in the James Bond movie ‘Goldfinger’. Within three years of its debut, some 500 Mustang fan clubs had cropped up. In honor of the Mustang’s 35th anniversary in 1999, the US Postal Service issued a stamp commemorating the original model. The 2004 Mustangs were the final vehicles made at the company’s Dearborn production facility, which had been building Mustangs since their debut. Over the decades, the Mustang underwent numerous evolutions, and it remains in production today, with more than 10 million sold.
Published On: Apr 17, 2019