2024 Mustang sales lowest in history of Mustang

[Jonyxz]

I agree the biggest detractor for mustang buyers are electric vehicles and SUVs.
Ford knew the mustang would sell less(sales have been in decline over the last 5-6 years) and priced it according to the demand. Its becoming a niche market now. Only the V8 old school die hards that want to row theirs gears(like me) want one nowadays.
Many complain about the DarkHorse price and lack of aftermarket but the DH is a heavily modified GT from the factory. The aftermarket is basically included as a package in its price. Not enough? Slap a factory warrantied SC on it. What else can you do to it?
You think Dodge and Chevy are stupid pulling the plug on Camaros and Challengers? They didnt leave the pie to Ford. Its just a pie that people dont eat anymore.
Its a dying segment in a market dominated by EV and big ugly SUVs. Mustang is a dying breed. Thats all.

Survival of the fittest? I dont know, I dont trust the EV bandwagon, doubled down bying an expensive(and fantastic)Dark Horse and plan driving it until the wheels fall off.

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[robvas]

Mach E sales have been in the toilet and will stay in the toilet. They only spiked up this quarter because of them being on clearance

The GTD is a "highly modified" Mustang, the DH is basically a GT with bolt-ons already done.

 

[Wiley Marmot]

They might not even fix them. There might come a point where car companies just produce a bunch of disposable autonomous vehicles everyone uses. When one breaks down it gets recycled and a new one takes it place.

Technological "Soylent Green".

A giant claw picks up the dead disposable HTCV (Human Transport Cargo Vehicle; aka [box on wheels]); drops it into a shredder; which feeds the bits into a "laser mixer" (melts the bits into amorphous goo); which is squeezed through pipes to a 3D printer; which prints out a new disposable HTCV.

 

[Gregs24]

Sure ... as long as you ignore the fact that cumulative inflation has raised the prices of nearly everything anywhere from 20% to 200% or more over the past ~4 years while wages have NOT gone up even a fraction of that, the economy is booming.

That's called "gaslighting". Don't believe what you SEE or HEAR ... believe what someone else TELLS you to believe.

The US dollar has lost 14% of its value since 2021. That means what used to cost $100 now costs $116.43 (according to the US Bureau of Labor Statistics consumer price index)

In layman's terms, between 2021 and 2024, the dollar had an average inflation rate of ~5%. FIVE percent PER YEAR. For FOUR years. You don't get to just ignore that and say, "Hey, inflation is down to under 2% (this year)" and pretend like everything is great. You don't get to ignore compounding inflation.

That's like watching your wife bang the neighbor for four years, then year 5, she tells you she's going to be faithful again, everything is all better and just ignore what she's been doing for four years.

Pretending that prices didn't go up DRASTICALLY and then expecting everyone to simply look at the CURRENT rate of inflation to label the economy as strong/good is ... quite frankly ... total bullshit.

To be fair US wages have exceeded inflation with the exception of a couple of years and are currently above inflation again now.

Whilst you cannot ignore previous high inflation it cannot be changed (and certainly you don't want negative inflation to get you back to where you were) and you can only try to achieve the target of around 2% which is what is happening now. In fact 2024 is a perfect example of what you do want in a stable form going forward. Low inflation, positive moderate wage growth. Nobody ever moans when wages exceed inflation but that really isn't sustainable long term outside of very moderate differences.

 

[Gregs24]

It's because people are woke. too soft to handle 480+ horse power NA. They prefer electric shit lol

Says somebody who has clearly never driven and clung on to an EV that wants to leave your internal organs on the back seat! Get real, EV's with instant torque will destroy almost any ICE car in a straight line. Tesla Model 3 Performance 0-60 2.9 seconds as an example, plenty more EV's like that around.

 

[Polo08816]

Says somebody who has clearly never driven and clung on to an EV that wants to leave your internal organs on the back seat! Get real, EV's with instant torque will destroy almost any ICE car in a straight line. Tesla Model 3 Performance 0-60 2.9 seconds as an example, plenty more EV's like that around.

From a dig yes, but that advantage goes away in a roll race to higher speeds like 150mph+ which is more applicable on a road course track - coming out of a sweeper at 50-80mph and hitting 160+mph on a straight before entering your braking zone.

 

[Polo08816]

To be fair US wages have exceeded inflation with the exception of a couple of years and are currently above inflation again now.

Whilst you cannot ignore previous high inflation it cannot be changed (and certainly you don't want negative inflation to get you back to where you were) and you can only try to achieve the target of around 2% which is what is happening now. In fact 2024 is a perfect example of what you do want in a stable form going forward. Low inflation, positive moderate wage growth. Nobody ever moans when wages exceed inflation but that really isn't sustainable long term outside of very moderate differences.

So how do you achieve a long run average of 2% inflation if inflation is always greater than 2%?

Seems to me that if you want to target a long run inflation of 2% and you have a significant spike of inflation in one year, you would have to target 0-1% inflation for a decade plus in order to achieve a long run inflation of 2%.

Also, who believes the government CPI these days? True inflation is probably 2-3x what the BLS is putting out.

The Fed funds rate needs to be at least 200-500 basis points higher to combat true inflation.


... also, here's a question that's enlightening:

Has the average or median income exceeded inflation? The answers to both of those figures could shed some light as to why it's such a bifurcated economy.

 

[jimbo67]

QUOTE="jimbo67, post: 3331360, member: 60944"]

I work in the autobody industry, I make 40 an hour been the same for the last 10 years. I am way over qualified at the current pay rate. Unfortunately in Massachusetts that's top of the pay scale. (Depends on where you want to work maybe 5 to 10 dollars an hour more) For a young person interested in the industry will make peanuts, until they require the skill involved. They won't even entertain that. I'm close to 40 years in. I could teach them, but its not happening. My oldest makes the same living at home and gig work, and investing. But that's not enough to buy a home. When us old people are gone who is fixing these cars? Trust me its going to be a problem. They are going to buy a car probably an EV, with a 100000 mile warranty. Again who's fixing those? And insuring them? It's sad, but that's where we are going forward. My kids love my Mustang, but they would never buy one.

You need to find a shop that pays book rate. I have friends In a by design understaffed dealership body shop that make 150k-225K per year. This is by doing 90% insurance work and working 60 hours per week. They try to get 120 paid hours a week. These are old school guys who know how to work the system, do phenomenal work and have been in the industry for decades.
[/QUOTE]
I don't know what state you are referring to? Not happening in Massachusetts, I do 90 % insurance work. I could go flat rate here and have for many years. When the insurance companies in Massachusetts only pay 48 per hour, it doesn't matter. Yet get service/mechanical work, it's 150-250 per hour.

 

[robvas]

From a dig yes, but that advantage goes away in a roll race to higher speeds like 150mph+ which is more applicable on a road course track - coming out of a sweeper at 50-80mph and hitting 160+mph on a straight before entering your braking zone.

Doesn't a Plaid 60-130 in under 5 seconds? 0-150 in under 10 seconds? What stock gasoline car is beating that? (that doesn't cost 3 times as much?)

 

[DeluxeStang]

I think the biggest reason why mustang sales are struggling is the excitement factor relative to the price. The s650 isn't a bad car, it retains the powertrain and chassis everyone loved about the s550, it's a better looking s550. But it's also not a huge leap forward in design, platform, or tech, while being priced like it is.

Here's what I would do, it's no secret the backseat on the mustang is pretty close to useless. Yeah, you can fit a toddler, or a few bags of groceries, but that's about it. I say, offer a mustang sedan with a v8, muscle car looks, and a real usable backseat, that will appeal to most mustang buyers who want a mustang, but really need that additional backseat space.

Then make the coupe a 2 seater, more exotic, longer hood, sexier, less weight, maybe push the engine behind the front axle so it effectively becomes a mid-engine car, drastically improving handing dynamics. Lower the car by a few inches, stretch the wheelbase, make it a show stopper.

If I'm gonna be paying 50, 60 grand grand, give me a design, and a car, that makes that price seem like a bargain. This is a Corvette rendering, but proportionally, and in terms of the overall shape, it's a good representation where I believe the mustang should go.

 

[Farmer Fran]

If you look at my paycheck it is not inflation killing me, it is taxes

 

[MustangNoob]

Says somebody who has clearly never driven and clung on to an EV that wants to leave your internal organs on the back seat! Get real, EV's with instant torque will destroy almost any ICE car in a straight line. Tesla Model 3 Performance 0-60 2.9 seconds as an example, plenty more EV's like that around.

Not sure which part of the overall experience of "driving an ICE V8 NA American muscle car with history" you don't understand.

 

[robvas]

it's a better looking s550

I don't know about that.

It looks too much like the previous model (which make sense since it's just a new front/rear end), and it also started to adapt the same ugly front end styling of every other car. The rear end is an eyesore as well.

People compare it to an Accord. That's not good for any car.

People also say it looks like the Camaro. Mustang owners don't want to look like a Camaro.

 

[MaddNomad]

I think the biggest reason why mustang sales are struggling is the excitement factor relative to the price. The s650 isn't a bad car, it retains the powertrain and chassis everyone loved about the s550, it's a better looking s550. But it's also not a huge leap forward in design, platform, or tech, while being priced like it is.

Here's what I would do, it's no secret the backseat on the mustang is pretty close to useless. Yeah, you can fit a toddler, or a few bags of groceries, but that's about it. I say, offer a mustang sedan with a v8, muscle car looks, and a real usable backseat, that will appeal to most mustang buyers who want a mustang, but really need that additional backseat space.

Then make the coupe a 2 seater, more exotic, longer hood, sexier, less weight, maybe push the engine behind the front axle so it effectively becomes a mid-engine car, drastically improving handing dynamics. Lower the car by a few inches, stretch the wheelbase, make it a show stopper.

If I'm gonna be paying 50, 60 grand grand, give me a design, and a car, that makes that price seem like a bargain. This is a Corvette rendering, but proportionally, and in terms of the overall shape, it's a good representation where I believe the mustang should go.

Only issue, and I’m not trying to argue honestly is that a Mustang sedan would surely eat at Mustang sales. Mach E doesn’t really and there’s a lot of disingenuous comparisons with the two. This is why we were all saying awhile ago that the branding stuff has a lot of possible long term ramifications.

Of course the Mustang doesn’t have really usable seats, but they knew that on its inception and wanted it that way.

 

[robvas]

As much sense as it makes, making the Mustang into a two-seater would be suicide

Last year, Nissan sold 3,164 Zs, while Toyota sold 2,615 Supras. Mazda sold 8,100 Miatas

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