It's a new Mustang, but I wouldn't call it a 1969 Mustang...
That is a good point I personally have coined the term Dynamod. I believe restomod is not entirely correct as the car is new not restored. Perhaps others would call it rebodied. While many components are modern it does share several components from the 1969 mustang besides the body shell. The electrical components including steering and charging system are state-of-the-art even by 2010 standards. I guess it comes down to how one defines and interprets the use of the word new. As in “new 1969 replica” or as in ‘new 1969 based concept”.