* Three-speed manual: This was the standard transmission for most models.
* Toploader four-speed manual: This was a popular option for performance-oriented Mustangs. It was a robust and desirable transmission.
* Cruise-O-Matic three-speed automatic: Ford's automatic transmission was available across the Mustang range.
Therefore, there wasn't a single transmission; it varied depending on the buyer's preferences and the engine selected for their 1967 Mustang.