April 17, 1964 Ford introduced the Mustang. The press release from Ford Motor Company had this to say about their new creation.
The 1964 Ford Mustang has the styling and features of expensive European road cars are combined with an American mass-production price, compact economy, and traditional Ford quality in the Mustang — a new line of cars from Ford Division of Ford Motor Company.
Aimed at the fastest-growing dimension in American motoring — driving for pleasure — the Mustang offers the practicality of a back seat and adequate trunk space in a car comparable in size to the classic two-passenger Thunderbird.
“In the Mustang, Ford actually has created three cars in one,” according to Lee A. Iacocca, Ford Motor Company vice president and Ford Division general manager. “Starting with the economical, fun-to-drive basic Mustang, the buyer may select options to give him a sports car for street or competition use or a luxury car geared to either economy or performance.”
Must get a Mustang.

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source: onemanandhismustang.com