John, I'm curious about your decription here. I'm quite familiar with the 1995 940 pickup assembly. The 1994-1995 fuel tank sending units are designed for the larger and deeper later 73? litre tanks, so not at all compatible with the earlier 740 and 940 tanks and sending units, let alone the earlier 240 units. In these later sending units, there are two induction coiled rods inside the barrel with a float that has a nickel coated contact strip riding between the two rods. This is strictly for the gauge and has no bearing on fuel pump pickup. That contact strip on the later 940 floats is also noted for "finger" wear creating significant issues with sticky gauge readings, most notably suddenly jumping from near full to near empty and the red LED "empty tank" warning lamp falsely illuminating when the tank is actually brim full. Perhaps you could re-explain your issue in light of what I've just said.
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Dave -still with 940's, prev 740/240/140/120 You'd think I'd have learned by now