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The "5.0 L" advertising designation was not applied until the 1978 King Cobra mannequin. All 302 cu in (4.9 L)-equipped Mustang IIs, besides the King Cobras, received up to date variations of the classic Ford "V8" emblem on each front fender. To achieve an marketed listing price of US$2,368, the Mustang was based mostly heavily on acquainted but easy elements, many of which had been already in manufacturing for different Ford fashions. Many of the inside, chassis, suspension, and drivetrain components were derived from those used on Ford's Falcon and Fairlane. This use of widespread elements also shortened the learning curve for meeting and restore employees, whereas at the same time allowing dealers to choose up the Mustang with out additionally having to invest in additional spare components inventory to support the brand new automotive line. Original gross sales forecasts projected less