It was 1960, and Chevrolet realized they needed something new—a new car to challenge the Ford Falcon, which had outsold the compact, rear-engine Chevrolet Corvair. The Falcon, introduced in 1960, sold extremely well, a half-million units in its rollout year. The market didn’t see the Corvair as a Falcon alternative, so Chevy needed a new challenger, and fast. So, Chevy engineers jumped right on it. Chevrolet cranked out the new…