History part 1
In 2004 Ford Mustang celebrates its 40th anniversary.
As a two-seater prototype the Mustang already existed in 1962, when it warmed
the crowd at the Grand Prix of Watkins Glen with a V4 mid-engine from Germany.
This Mustang I however was not suitable for production. The car looked too
futuristic and Ford management wanted a four-seater. This would sell better
with young families. For comparison, Ford took the Corvette, and knew they had
to do better than that with a more versatile car. The Mustang II from
1962/1963 came closer to the definite design by Joe Oros. Eventually Ford
management gave permission to start producing his design, which featured the
galopping horse in the nose of the car. This running horse in corral was
designed by Phil Clark, a young Ford designer. At first the car was named
after the Lockheed P51 (Mustang) fighter, but Henry Ford II didn’t want a
“war image”, so they opted for prairies and wild American horses. De car
was first shown at the world fair in New York on April 17, 1964. 2500
newspapers had already recieved information about the car, and the Ford
marketing machine was working like never before. How did the idea about the
Mustang get started? From the early days on, there was a strong rivalry
between the Ford Motor Company and the Chevrolet division of General Motors.
Both brands served the same market. Chevrolet had launched the Corvair because
there was a need for compact and low fuel comsuming cars. Ford responded with
the Falcon en this car sold much better than the Corvair, just as the
Thunderbird had done in the fifties with the Corvette.
Next, Chevrolet presented the Corvair Monza, This
was a sporty compact car which was high on demand. Ford tried to compete with
the Falcon Futura, but the Corvair Monza sold much better, because the Falcon
lacked the image and character of its competitor. To beat Chevrolet, Ford
needed a new car. A car with sporty looks and sporty performance; a car that
appealed to a young audience. Ford president Lee Iacocca had cleverly
recherched that the post-war Baby Boom generation in 1964 reached the age
where they would want to own a car like this. Furthermore, the number of young
people turned out to be enormous, so he knew that an appealing product for
this group could become a huge success. Iacocca turned out to be right.
In april 1964 the Mustang presented itself on the
market. Production numbers were too low to serve a demanding market. People
gathered at Ford dealerships. Iacocca said: “If on april 17, 1964 Martians
would have landed in down town New York, no one would have noticed, because
everybody was at a Ford dealership.” That very first day, 22000 cars were
ordered and within the next four months, 100000 were sold. The Mustang truly
was different; that’s why this Ford was called “Pony Car”. It wasn’t
restricted to status or class. It appealed to almost everybody. So, a poor
man’s Ferrari…. At first, the Mustang came as a convertible or hardtop
coupe. In 1965 a sporty fastback was introduced.