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1991–1995 (Fourth generation)
August 1991 saw the news that many Fairlane/LTD purists had awaited: the reintroduction of the V8, in the NC Fairlane and DC series LTD. Ford had never recovered from deleting the V8s in the 1980s and bowed to public pressure with its reintroduction. The 5.0-litre engine was not identical to the one used in the United States Mustang and other passenger cars. For reason of better durability and perhaps cost, it was the Canadian made Windsor engine used in the North American light truck and 4WD models. To meet the needs of the space required for a right drive steering column, its inlet manifold was reversed. Again to meet the conversion to right hand drive and the rerouted inlet ducting, air box and air conditioning lines, the Australian installed engines also had most of their serpentine belt driven accessories on opposite side to the US/North American models. As Australian enthusiasts often found to their frustration, these subtle changes often meant that many Ford Racing/SVO add on bits, like the available superchargers, were not exactly the bolt-on items they were in North America. The inline six continued. The NC also introduced a higher-spec Fairlane, called the Fairlane Ghia, and it was in this model that the V8 was available.
The 1992 NC II and DC IIs redesignated the 3.9 L engine a '4.0-litre', but trim levels remained the same. To appeal to younger buyers, Ford briefly sold a Fairlane Sportsman Ghia in 1993 with a "Tickford" tuned 4.0-litre six used in the Falcon XR6. In 1994, the base model was deleted, leaving only the Ghia.
A second, even smaller update, known as the NC III arrived in August 1993. It is the equivalent to the ED series Falcon, adopting the new "ozone safe" R134a air conditioning refrigerant. The base Fairlane model was also discontinued, leaving only the Fairlane Ghia.
From March 1994 production, the NC received additional changes: the fitment of a leather-wrapped steering wheel, body coloured bumpers and side protection strips, new design alloy wheels, and a bonnet ornament.
An idea proposed in the late 1980s was a Fairlane wagon. Most likely, had it entered production, it would have used the Falcon wagon (which rode on the Fairlane's wheelbase) body, coupled with the Fairlane's front clip.
In the early 1990s, the Falcon utilities were still of the previous generation XF. A prototype EB Falcon utility was made which looked Fairlane based. To impart a look of solidness, the Ute had a Fairlane frontal treatment. It did not enter production.
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