VINTAGE - 1945 - 1965 The Mustang motorcycle was built in glendale, california until 1965. Approximately 20,000 motorcycles were manufactured. In 1970 Mustang enthusiast Don Orr purchased the rights and factory parts stock and produced approximately 20 motorcycles. Options such as four- speed transmissions, front brakes, generators, speedometers, and factory two-tone paint will add to the value of a Mustang motorcycle.