Short answer is yes, this is how they are.
The same time GM did away with vent windows they added ventilation using the outboard dash vents. This was only on non-AC cars. There were two knobs at the top of the kick panels. The upper knob opened and close the dash vents. The lower knob opened and closed the kick panel vents. These vents were not connected to the heater/defroster system. The air for these vents came through the cowl, the faster you drove, more air would come out of the vents. Just like when you had a car with vent windows, they don’t do anything unless you are moving.