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Ford Mustang Production Suspended Temporarily For A Worrying Reason
The Ford Mustang is an iconic car and very famous. But reality comes in terms of sales and according to recent reports, slow sales and increasing inventory has forced Ford to temporarily halt production of the Mustang, according to The Detroit News.
In September 2016, the Ford Mustang sales in the US dropped 32 percent to 6,429 units, with inventory standing at 89 days. That is 29 days more than what analysts say is a good target.
Meanwhile, the year-to-date sales for the iconic Ford Mustang are down by 9.3 percent to 87,258 units in September.
A key factor is that the demand outside the US has been good in countries such as China, Australia, and the UK. The Flat Rock plant where the Mustang is made, makes left and right-hand drive models, which are sold globally.
Ford's Spokeswoman, Kelli Felker said in an email: "We continue to match production with demand. The Mustang remains the top seller in its segment in total and retail sales."
The Ford Mustang was launched in India this year, and the car has seen huge success in the country. Ford managed to sell the entire lot of cars allocated to India for 2016 in a few days since launch.
The Ford Mustang bears a price tag of approximately Rs 76 lakh on-road (Delhi). The Mustang is sold in India with a naturally aspirated 5.0-litre V8 engine that makes 396bhp and 515Nm of torque.
Although there is a manual gearbox option in other countries, in India, the Mustang is sold with a 6-speed automatic gearbox only. The Mustang can sprint from 0 to 100km/h in 4.8 seconds and reach a top speed of 250km/h.