When it came to horsepower ratings, Detroit had reached the summit in 1970 and insurance companies had wised up to the race ready muscle cars coming out of Detroit. For their services they charged more for Muscle Cars.
In response Detroit began offering what could be called "junior" muscle cars. The Oldsmobile Rallye 350 was a Junior Muscle Car and it was introduced on February 18, 1970. Oldsmobile built 3,547 copies of the Rallye 350.
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The Rallye 350 package consisted of L74 350 V-8 engine rated at 310 horsepower, Turbo Hydra-Matic 350, 4 speed or 3 Speed transmission, FE2 Rallye suspension, dual exhaust, blackwall tires, a fiberglass hood, custom sport steering wheel, sport mirrors,and a rear deck air spoiler.
