The third-generation Barracuda, the first not based on the Valiant body, was built from 1970 to 1974. The all-new model, designed by John E. Herlitz, shared its platform with the Dodge Challenger. However, no sheetmetal was interchangeable between the two as the Challenger had a two-inch longer wheelbase.

The `Cuda was available was available with eight different engine options running from the 198 cubic inch slant six through the 440 cubic inch V-8. This included the hi-powered 426 Hemi. Two manual gearboxes and one automatic were options as well. The 440 and Hemi-powered cars had upgraded suspension and structural reinforcement to transfer the added power to the road. For 1971, a new grille, taillights, and seat were added as well as four headlamps and gills, the only year for those options.

The 1971 `Cuda being offered is equipped with optional automatic transmission and 340-cid V-8 engine. It is additionally fitted with the uncommon trunk-mounted luggage rack, rear windows shade, AM radio, rear quarter panel black-out treatment, bucket seats, center console and the cassette system option that had the ability to record off of the radio plus a microphone for dictation. Rallye wheels are fitted with BFGoodrich Radial T/A tires to get this `Cuda down the road.