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 following in August 1964. Upon introduction, the Mustang, sharing its platform with the Falcon, was slotted into the compact car segment.
The first-generation Mustangs grew in overall dimensions and engine power with each revision. The 1971 model featured a drastic redesign. After an initial surge, sales steadily declined, and Ford began working on a new generation Mustang.