April 17, 1964

In 1964, the Ford Mustang makes its debut during the opening day of the New York World's Fair. Price tag for the base model is $2,372 (half the price of a Corvette).
As we all know, the Mustang got its name after Lee Iacocca saw SMU play Michigan in 1963 and visited with the team in the locker room after they were defeated by the Wolverines, 27-16. He told them that despite their loss he was so impressed with their speed & strength that the company's new sports car would bear the name MUSTANG in honor of them.
Or so we've been told.
As we all know, the Mustang got its name after Lee Iacocca saw SMU play Michigan in 1963 and visited with the team in the locker room after they were defeated by the Wolverines, 27-16. He told them that despite their loss he was so impressed with their speed & strength that the company's new sports car would bear the name MUSTANG in honor of them.
Or so we've been told.
