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New Ford Thunderbird Introduction Driving a Ford Thunderbird on a summer night takes you back to a simpler era. The V8 engine burbles as you cruise comfortably back in time. With two seats, a convertible top, and rear-wheel drive, it sometime feels like driving a vintage car, only it's brand new. Ford introduced Thunderbird as a 2002 model, but has revised it each year since. Electronic throttle control and variable cam timing improved performance, power, and fuel economy for 2003. Thunderbird's 3.9-liter V8 now produces 280 horsepower and 286 pound-feet of torque, giving it stronger acceleration than the 2002 model. Traction control is standard on all models, and the instrument pod was redesigned. A Select-Shift automatic transmission was added that allows semi-manual shifting. Heated seats were added to keep driver and passenger toasty-warm, even with the top down in chilly weather. Thunderbird comes in Deluxe and Premium trim. Deluxe ($36,925) is very well equipped, with anti-lock brakes; all-speed traction control; Homelink three-button garage-door opener; leather-wrapped, power tilt steering wheel; power mirrors and windows; AM/FM stereo with in-dash six-disc CD player and clock; center console with storage; cup holders; keyless entry; six-way power driver's seat; two-way power passenger seat; SecuriLock security system; speed control; dual vanity mirrors; dual driver and passenger automatic temperature control; leather bucket seats; second-generation front and side air bags for driver and passenger; and P235/50R17 tires on 16-spoke painted aluminum wheels.