The Ford Mustang is an automobile manufactured by the Ford Motor Company. It was initially based on the second generation North American Ford Falcon, a compact car. Introduced 17 April 1964, the Mustang was the automaker's most successful launch since the Model A., , The Mustang created the "pony car" class of American automobile — sports car-like coupes with long hoods and short rear decks— and gave rise to competitors such as GM's Chevrolet Camaro, AMC's Javelin and Chrysler's revamped Plymouth Barracuda. It also inspired coupés such as the Toyota Celica and Ford Capri, which were imported to America., , , In 1994 the Mustang underwent its first major redesign in fifteen years. Code named "SN-95" by Ford, it was based on an updated version of the rear-wheel drive Fox platform called "Fox-4." The new styling by Patrick Schiavone incorporated several styling cues from earlier Mustangs. For the first time since 1973, a hatchback coupe model was unavailable., , The base model came with a 3.8 OHV V6 (232 cid) engine rated at 145 bhp in 1994 and 1995, or 150 bhp (1996-1998), and was mated to a standard 5-speed manual transmission or optional 4-speed automatic. Though initially used in the 1994 and 1995 Mustang GT, Ford retired the 302 cid pushrod small-block V8 after nearly 40 years of use, replacing it with the newer Modular 4.6 L (281 cid) SOHC V8 in the 1996 Mustang GT. The 4.6 L V8 was initially rated at 215 bhP, 1996-1997, but was later increased to 225 bhp in 1998., , For 1999, the Mustang received Ford's New Edge styling theme with sharper contours, larger wheel arches, and creases in its bodywork, but its basic proportions, interior design, and chassis remained the same as the previous model. The Mustang's powertrains were carried over for 1999, but benefitted from new improvements. The standard 3.8 L V6 had a new split-port induction system, and was rated at 192 bhp 1999-2004, while the Mustang GT's 4.6 L V8 saw an increase in output to 260 bhp (1999-2004), due to a new head design and other enhancements. There were also three alternate models offered in this generation: the 2001 Bullitt, the 2003 and 2004 Mach 1, as well as the supercharged Cobra.