2005 Ford Mustang production to be increased!!!

Discussion in 'OT Driven' started by BLoG, Mar 17, 2005.

  1. BLoG

    BLoG Scented Meat

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    FORD TO INCREASE MUSTANG PRODUCTION TO MEET RUNAWAY CONSUMER DEMAND

    * Ford will increase Mustang production to 192,000 in 2005; 80,000 more than in 2004

    * 2005 Mustang is the hottest-selling car in the industry

    * Nearly one out of every two sports cars sold in U.S. is a Mustang

    What's an auto company to do when demand for a hot model exceeds supply? Give the customers what they want.

    Ford today announced that it will take production of the hot new Mustang to more than 192,000 units in 2005; an increase of more than 70 percent, or 80,000 units, from the previous year.

    "Ford Mustang is the hottest car in the industry, and its performance on the street and in the showrooms is beating everyone's expectations," says Steve Lyons, Ford Division president. "Sales are up more than 45 percent over last year, and V-8 GT and convertible model demand is so strong that we haven't been able to build enough.

    We're planning to increase production well beyond what was initially planned. This will allow us to sell 160,000; 165,000 Mustangs in the U.S. this year."

    Sales and Share Gains

    Since its launch in the fall of 2004, the new model Mustang has been an instant sensation with new car buyers. Sales of the 2005 model, coupled with the sell-down of the prior model, have sent overall Mustang sales to record levels every month since launch.

    The higher-end Mustang GT V-8 models are in short supply, and the much anticipated new convertible model is just beginning to arrive at dealerships in time for spring. Traditionally, May and June are the hottest selling months for convertible models.

    In the key U.S. market, overall Mustang sales are up more than 45 percent on a retail basis over last year, a feat accomplished without the support of the convertible model, which traditionally accounts for one-third of overall Mustang volume. Based on the current sales trajectory, Ford expects to sell about 160,000; 165,000 Mustangs in the U.S. for the 2005 calendar year. In Canada, where Mustang was named 2005 Canadian Car of the Year, sales continue their triple-digit month-after-month rise, topping records set more than a decade ago.*/ /*

    Increasing sales gains have also been accompanied by share gains. Since the 2005 launch, Mustang has garnered 44 percent of the small specialty segment, featuring sports coupes such as the Pontiac GTO, Nissan 350Z, Chrysler Sebring and Hyundai Tiburon among others.

    Historical Anecdotes

    Red-hot sales and resulting production increases of a new Mustang are not unprecedented. When Mustang was first introduced in April 1964, Ford had only expected to sell 100,000 the first year. But dealers took 22,000 orders the first day. Ford shifted production mid-year and Mustang went on to sell 618,812.

    Mustang fever spread from showrooms to car-hops and Mustang legend spread through barbershops, diners and service stations on "Main Street USA" as Mustang became a part of Americana:

    A Ford dealer in Chicago locked the doors of Mustangs in his showroom because he feared for the safety of people trying to crowd into them. In Garland, Texas, 15 customers bid on the same car and the successful bidder insisted on sleeping overnight in the car until his check cleared the bank in the morning.

    In Pittsburgh, a restaurant advertised "Our hotcakes sell like Mustangs." Parents purchased 93,000 Mustang toy pedal cars during the 1964 Christmas season at a price of $12.95. Today, restored Mustang pedal cars are extremely popular with collectors and some sell for more than $1,000, nearly 100 times the original price.

    Nearly 500 Mustang clubs formed in the first two-and-a-half years of the car's production. More than 8 million Mustangs have been sold in the 41 years since its introduction. The 1 millionth Mustang was sold by March 1966.
     
  2. BLoG

    BLoG Scented Meat

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    ibmustangisnotasportscar
     
  3. Big_Luke

    Big_Luke serious as dick cancer

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    I've seen them bitchs everywhere. and I don't see many new cars out where I'm at.
     
  4. Steve Kerr

    Steve Kerr 6 Time NBA Champion OT Supporter

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    Don't see too many here in Chicago.
     
  5. matrix243

    matrix243 My body, is ready.

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    I noticed dealer prices went up $4000, from the original listed price.
     
  6. matrix243

    matrix243 My body, is ready.

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    I've only saw 5 on the winter roads around here, and 4 were GT's.
     
  7. spooled2.2

    spooled2.2 OT Supporter

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    this does not surprise me.
     
  8. BLoG

    BLoG Scented Meat

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    at first i only saw GTs. Now I see a shit-ton of v6s :o
     
  9. KNEEGROWPLZ

    KNEEGROWPLZ GIVE US THIS DAY

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    i sell em at MSRP...or only some $900 mark up....v6...i sell them 100 over invoice
     
  10. Stevecdn001

    Stevecdn001 OT Supporter

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    Still Rare out here, a couple of pea green V-6's & a black GT
     
  11. Dr. Pnutz

    Dr. Pnutz Guest

    and people said Ford is going bankrupt :rofl:
     
  12. matrix243

    matrix243 My body, is ready.

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    I need another fuckin job to support my addiction. :hahano:
     
  13. BLoG

    BLoG Scented Meat

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    They are getting owned on everything that isn't a mustang or truck :o, but they at least do 2 things well :o
     
  14. Dr. Pnutz

    Dr. Pnutz Guest

    I'd still rather buy a Ford than most other non american brands out there :o
     
  15. Homan

    Homan Unconquerable OT Supporter

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  16. TriShield

    TriShield Super Moderator® Super Moderator

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    Niche vehicles don't save companies, stuff like Ford 500s, Fusions and Tauruses do, especially if fuel remains expensive. :o
     
  17. WickedLou9

    WickedLou9 Deep cover terrorist gerbil

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    Ford > GM
     
  18. dbman96

    dbman96 Active Member

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    Anyone else notice in the new r&t that all the modded gts manage to be slightly slower than the stock one they tested?
     
  19. BLoG

    BLoG Scented Meat

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    I saw that :ugh:

    svt > billy bob shadetree mechanic mustangs > stock mustangs > tuner mustangs
     
  20. matrix243

    matrix243 My body, is ready.

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    The taurus is selling, from fleets though.
     
  21. Antigeek

    Antigeek Who Dat!

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    Nearly 200,000 units isn't exactly a 'niche' any more.
     
  22. StevesVR4

    StevesVR4 Get Arrested

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    Someone needs to tell my local Ford dealer about this. They have eight 05 Mustangs front and center on their lot. I have only seen one 05 Mustang on the road so far.
     
  23. BLoG

    BLoG Scented Meat

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    everyone bitching about not seeing them lives in the frozen north :mamoru:
     
  24. spooled2.2

    spooled2.2 OT Supporter

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  25. StevesVR4

    StevesVR4 Get Arrested

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    Just because we are supposed to get 12" of snow the next two days doesn't make us part of the frozen north. :o
     

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