The first-generation Ford Mustang was manufactured by Ford from March 1964 until 1973. The introduction of the Mustang created a new class of automobiles known as pony cars. The Mustang's styling, with its long hood and short deck, proved wildly popular and inspired a host of competition.
It was introduced on April 17, 1964, as a hardtop and convertible with the fastback version to follow in August 1964. Upon introduction, the Mustang, sharing its platform with the Falcon, was slotted into the compact car segment.
With each revision, the Mustang grew in overall dimensions and engine power. The 1971 model saw a drastic redesign. After an initial surge, sales steadily declined as Ford began working on a new generation Mustang. With the onset of the 1973 oil crisis, Ford was prepared, having already designed the smaller Mustang II for the 1974 model year. This new car shared no components with preceding models.
