The Ford Mustang (1st Gen.) was introduced as a 2-door convertible, fastback and as a hardtop car. It was produced in 1964-1973 and was classified in the compact car segment at the time of its introduction. It had a rear drive and engine located in the front. With each re-design, engine performance and overall dimensions have seen an increase. The 1971 model was drastically redesigned, but despite an initial surge, sales steadily declined as Ford began work on the next-generation Mustang.

The 1972 Ford Mustang was available with three engines. The largest variant was the 5.8-litre V8, as the 7-litre variant was dropped due to tightening emissions regulations. The engines were mated to a 3-/4-speed manual or 3-speed aic transmission.