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Looking for a sporty new car, Ford talked with the Budd Company in 1961 about creating a revived version of the original 1955-1957 Thunderbird. Budd's prototype XT-Bird combined a 1957 Thunderbird body with a 1961 Falcon chassis. The car looked flashy, but the rear seat was too small to be practical. Ford ultimately found its sporty car in the Mustang.

 
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