Total Listings for 2nd Gen 1974 - 1978 Mustangs For Sale (0)2nd Generation Mustangs. The Mustang II generation built from 1974 thru 1978. In 1974 this version of the Mustang won the Motor Trend Car of the Year. The second generation of Mustangs was offered in Coupe, Ghia, Hatchback and Mach1. In 1977 a new T-Top roof option was available on hatchback models including the Cobra II, Mach 1, 2+2 and King Cobra.
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