Recession Fears Halt Mustang Sales In March
Today Ford Motor Company announced that sales of the Ford Mustang were down 30.9% in March. Ford sold 14,737 Mustangs in March of 2007 compared to just 10,180 last month. Recent fears of a recession and high gas prices are no doubt probable causes in the sharp decline in sales, as the Auto industry as a whole is seeing sharp declines in sales. The current state of the economy is not making it any easier for Domestic Automakers such as Ford Motor Company to climb out of the deep whole that they have found themselves in recently.
Comment by crazeflier07 — April 1, 2008 @ 8:45 pm
And now they realize that the overseas automakers have the right idea….
~Jon~
Comment by sonicpony03 — April 18, 2008 @ 12:38 pm
It is definitely unfortunate, but not surprising to hear mustang sales decreasing. Everyone is feeling the effects of fuel prices and an overall increase in the cost of living. Mustangs are becoming less practical for the average consumer.
The mustang is approaching another low point in history, hopefully it won’t disappear. Now Ford is contemplating about putting the Ecoboost TT V6 in the mustang for the 2010 model, which will eventually replace the V8 due to the 35mpg requirement by 2020. Rewind back the late 70s and 80s. An efficient V6 may be good, but it will never match or replace the sound and feel of an American V8.