no...the Original name for the corvette was CORVETTE...chevrolet began production in 1953...it has been called the corvette ever since...in the early 60's there was the corvette sting ray...but it was a corvette first with the sting ray added afterward,s...mustang is a ford product that debuted in 1964/65...ford did this to offer a sporty car since the thunder bird went to luxury in 1958 & did not return to it,s basic sporty design until just the recent trend to return to it,s root,s....as did the mustang...and the chevy camaro [ after a short retirement]...I should mention the Dodge charger & challenger as well...but the corvette never strayed from it,s root,s as a true 2 seated sport,s car.....the name mustang was never considered by chevrolet as a possible name for the corvette. the mustang logo was ford,s alone.