After a five year hiatus, Ford introduced a new Thunderbird for 2002. Returning to the original formula for the Thunderbird, the latest version had a two-seat coupe or convertible layout like the first-generation Thunderbird and retro-futuristic styling to match. Although it was initially well received by the automotive press, garnering accolades such as the Motor Trend Car of the Year and a nomination for the North American Car of the Year in its first year of existence, many publications regarded the Thunderbird's revival rather more frostily after a few years. With sales dropping off significantly after its first model year, Ford decided to make the 2005 model year the Thunderbird's last with no scheduled successor. The last one rolled off the assembly line on July 1, 2005.