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Ford Mustang Production
Date: Mar 18, 2005
Contributor: Hillary Hillyard
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."
For more information relating to "Ford Mustang Production", please visit our Ford Mustang Production page.