It was back in 1964 when the first Mustang with VIN number 001 rolled out of the original Ford production facility in Dearborn, Michigan. Since then, the Mustang name has become nothing short of an icon for the brand, and for the era it was produced.

Now, more than 50 years later, the Michigan-based automaker is celebrating a production milestone as they roll out the 10 millionth Mustang from Ford's Flat Rock assembly plant.

10 million strong: Ford Mustang hits production milestone

“Mustang is the heart and soul of this company and a favorite around the world. I get the same thrill seeing a Mustang roll down a street in Detroit, London or Beijing that I felt when I bought my first car – a 1966 Mustang coupe that I drove across the country as a teenager. Mustang is a smile-maker in any language,” said Jim Farley, president of global markets, Ford Motor Company.

The 10 millionth model is a convertible Mustang GT finished in white and is powered by a 5.0-liter Coyote V8 which produces 460 PS and 570 Nm of torque. It is fitted with a 6-speed manual transmission which sends power to the rear wheels. Ford says that the 10 millonth Mustang is a tribute to the first Mustang VIN 001 which was also painted in white and featured a three-speed manual transmission. Back then, the V8 motor had just 164 PS.

10 million strong: Ford Mustang hits production milestone

To celebrate the production milestone, Ford held a gathering at their Dearborn headquarters which included three World War II P-51 Mustang fighter planes flying overhead as well as different Mustang models produced in the last 54 years.

The most recent Mustang is the sixth-generation model which debuted back in 2015 and was the first Mustang to have independent rear suspension. In 2017, it was given a minor facelift and is currently the model being offered globally.

With numerous iterations of the Ford Mustang made – be it as stars' movie cars or special road-going models – which one has been your favorite?