Now think about this. A pickup to take on camping/biking road trips, to haul crap, to do all of those things everybody needs to get done but doesn't need a full-on off-road machine with which to do them. This car/truck thing – a "ute" the Australians call it – is about the most practical thing going, doubly so if you're only going to have one vehicle.
In the span from 1957-79, Ford made a series of these hybrid beasts and they were quite popular at the time. From 1960-65 Ford made the Falcon Ranchero, essentially on the same platform as the early Mustangs. Mechanically, it'd probably be easy to transform the 2011-14 Mustang platform into a ute, but I doubt we'll be seeing anything like this anytime soon. I suspect the market's not there, and there may be some Federal car/truck fleet mileage snags.
One of these days I may consider some custom work on the '12 Mustang to achieve this lofty goal. But no time soon.
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