The Ford Mustang was first introduced in 1964, at the World
Exhibition of New York, and Americans immediately fell in love with
the car. Everyone flocked to Ford showrooms, scrambling to be the
first to own a Mustang. Over 22,000 Mustangs were sold on the first
day! Sales reached 418,000 in the first year.
The first Mustang became known as the 1964? and was available in two
models, the coupe and the convertible. Features of both models
included a lengthened hood and shortened rear deck, chrome wrap-
around bumpers, chrome grill with a running horse, full wheel covers
and a sporty interior. The cost for a standard Mustang was around
$2,400. The GT and the fastback model were introduced in 1965.
The Shelby GT350 was also introduced in 1965. Its design was a
collaboration between Ford and performance car legend, Carroll
Shelby. Its goal was to create competition for the Chevy Corvette.
The Shelby GT500 Mustang was first released in 1967. It was powered
by a 428 V8 engine and sported numerous luxury options. It was
produced until 1970. A new version of the Shelby GT500, considered to
be the most powerful factory-built Ford Mustang in history, will be
released in 2006. Shelby Cobra GT500's supercharged 5.4-liter DOHC V-
8 produces over 450 horsepower....

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