This Ford Mustang History video takes you through its history from 1964 up to 2015, and indications are the Ford Mustang will be around for many more years yet, such is its popularity. However there were years when it came close to the chopping block.
Released at the New York Motor Show on April 17 1964 it was an immediate success. Within the first 4 months over a 100,000 Mustangs were sold, and people would pay over the base price of $2368 to get one.
It wasnt uncommon for dealers at times to have to shut their doors as they couldn’t cope with the crowds of people trying to get into their showrooms, while some dealers even ran a lottery system as a way to allocate cars to buyers.
The Ford Mustang would be the most successful car Ford built since the Model Awhich sold a total of 4,858,644, but it wasnt always easy going as there were years when Ford struggled to sell just a 100,000 Mustangs worldwide.
The Mustangs best year for sales was 1966 where sales in the US market alone was 607,568 cars, the worst in 2009 where just 66,623 were sold in the same market.
As a comparison during 2015 with the release of the 6th Generation US sales increased to 122,349 cars.
Originally available as either a hardtop or convertible its projected world-wide sales of 100,000 for the first year were in fact 418,000, and by the end of its first 18 months in 1965 sales exceeded the million mark.
However 5 years later by 1969 Ford designers had started growing the Mustang from a “pony car” to a bigger overweight and lazy old mare where by 1971 it had become so big and heavy sales struggled to make 100,000 a year, the same situation scenario as happened with the Ford Thunderbird when the Ford tinkerers couldnt leave that winner alone.
The 2nd Generation came in 1974 in an attempt to halt flagging sales, and from then on each time a new generation was introduced Mustang sales would briefly increase substantially then go well down until the next generation was released.
Built on the Ford Falcon platform utilizing as much of the Falcons http://classicandcustomcarnews.com/1960-ford-falcon-review/ components as possible meant Ford got the Mustang onto the market quickly and cheaply which is what it needed to do to compete against the Corvette which had already got away to a head start in this market.
Several ‘specialist’ versions of the Mustang would be released over the years with many making a name for themselves on the race track, and then become sought after classics and collector items.
There are Mustang Owners Clubs worldwide, go to any event a club is organizing and you are almost certain to see a selection of both special and production models.
Thank you to National Geographic History for the video, and Wikipedia for being an endless source of info.