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Typical idea to production is 4 years.
Using the OP's timeline it is 5 years or a little less.
EDIT: Actually 12/04 to 3/09 is 4yrs. 4 mos.
So the Camaro has taken a year longer and 3 years and 2 months of that has been totally transparent if you start at NAIAS in January 2006.
Unfair to use the Mustang as it was an existing car that was overdue, and I mean loooong overdue for not just another refresh but a complete new design.
So when we saw the concept Mustang they had probably already designed the exterior of the production car and just modified it to look like a concept for the Autoshow. The reason for the Mustang concept at the Autoshow was too build interest in a "NEW" Mustang, much in the same way GM built interest in a new Camaro.
Lastly, the 5th gen Camaro is just a better car than the Mustang. It's going to be a little more expensive but every area from structure to handling the Camaro is a better car.
Ford will probably still sell more Mustangs solely because they are at a more accessible price point, doesn't make it a better car or make the Camaro a failure. The Mustang is just cheaper to produce and buy.
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