That’s right. I think 1969 was a surplus year. Regarding cars and light duty pick up trucks, the 1950s vehicles were very durable, thicker higher quality steel, very simple designs. Many still running in Cuba. I think 1970 was a final peak for performance, but lower quality for the steel, paint etc.
1970 was the first (and last) year you were able to get 375 HP out of 350 Cu In. After that the insurance companies pushed horse powers down, and used “saving gas” as a reason. After 1971 they rotted out, and increasing emissions gadgets, more complicated. Opposite of simple. .