Common practice in 1967 within Ford's Mercury division was to share the basic underpinnings with a Ford counterpart. At the time of the 1967 Courgar's introduction, it was based upon the Ford Mustang. It was selected by Motortrend as it's car of teh year for 1967.

By 1963, Ford Division general manager Lee Iacocca was readying the sporty new Mustang (code name T-5).
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