version of the Volkswagen Bus and a van based on the Chevrolet Corvair were offered, as well. The economic recession of the late 1950s also certainly played a role. Ford believed the market wanted a more practical vehicle, one much smaller, lighter, and cheaper than a full-sized pickup truck, and indeed the Ranchero sold well in this incarnation. Now marketed in print as the "Falcon Ranchero", the new vehicle's standard powerplant was an economical straight-6. In 1961, the straight-6 was offered, and in 1963, the optional V8 was offered in addition to the 144 and 170. The two-speed Ford-O-Matic automatic transmission (offered between 1960 and 1963) or three-speed C4 Cruise-O-Matic could be ordered as could a three-speed manual transmission. The Ranchero had an 800-lb load capacity. Three almost entirely different coupé utility bodies were available for this generation of Falcon: the Australian Falcon Ute differed in having a shorter rear overhang than North American models, a cargo box that extended farther forward than the rear window, and shorter doors, while the Argentinian version also shared the sedan's overall length and short "four-door" doors, adding higher and more squared-off cargo box sides. The Ranchero evolved along with the Falcon in 1964, becoming just a little larger along with its parent and using the same basic body style for 1964 and 1965. In 1965, the V8 replaced the discontinued 260 and an alternator replaced the generator in all Ford cars. Third generation (1966–1967) The 1966 version was a one-year model, when Falcon and Fairlane were redeveloped on the same basic platform, one which did not include the sedan delivery, as 1965 marked the final year of sedan delivery production. Instead, the 1966 Ranchero used Falcon front sheet metal, trim, and interior accents on a modified station wagon platform although Rancheros made late in the '66 model year had the same front clip as the Fairlane. Engines available were the I6, I6, and two- and four-barrel versions of the V8. Transmissions choices ranged from the C4 three-speed automatic to the three-speed column-shifted manual. The 1966 model was marketed simply as the Ford Ranchero, and did not carry Falcon badges. Seat belts were standard. The 1967 Ranchero, based on the post-'66 Falcon/Fairlane chassis, used the basic 1966 Ranchero body with Fairlane trim, front sheet metal, and interior treatments instead of Falcon. It was marketed as the Fairlane Ranchero. This was a well-received and unique