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On this day (April 17th) in 1694 the first generation Ford Mustang was released. The Ford Mustang created a new class of American auto-mobile called The Pony Car. A sports car-like coupe with short rear decks and a long hood, a class to be adopted by competitors such as the Chevrolet Camaro, Pontiac Firebird, AMC Javelin and Dodge Challenger. The Ford Mustang in one of the most iconic cars in history.