Bathurst Globe News Today

Developed by Ford Australia as a means to get rid of surplus XC Hardtop body shells, the Cobra became one of country's most iconic muscle cars

One of Australia’s rarest cars – a 1972 Ford XA Falcon GTHO Phase IV – has reportedly sold for $1.75 million, overtaking the previous record of $1.15 million paid for a pristine 1971 Ford XY Falcon GTHO Phase III earlier this year.