ice-capades Posted April 3 Share Posted April 3 (edited) Zero Ford Mustang Mach-E EVs Were Produced in March 2024 https://fordauthority.com/2024/04/zero-ford-mustang-mach-e-evs-were-produced-in-march-2024/ Following a flurry of demand surrounding all-electric vehicles in general, interest in those types of vehicles began to taper off toward the end of 2023, though sales continue to increase. Regardless, this has left models like the Ford Mustang Mach-E in a bit of a flux, as The Blue Oval has been working to ramp up production for years, only to now face mounting inventory instead. As such, it doesn’t come as a huge surprise to learn that the automaker built a grand total of zero Ford Mustang Mach-E crossovers at the Cuautitlan Assembly plant in Mexico last month, according to Ford’s March sales report. After churning out 3,454 Ford Mustang Mach-E models in January and 2,315 in February, the Cuautitlan plant built none last month, which is an interesting development indeed. Of course, it’s unclear if the current glut of inventory played a role in this decision, but it is certainly possible that Ford opted to dial things back as it works to move carryover 2023 models off dealer lots. As Ford Authority reported in January, December 2023 marked the first month of last year when Ford Mustang Mach-E inventory levels declined, but with sales averaging around 5,000 units per month, there was still a pretty large backlog of inventory sitting on dealer lots to close out the year – one of the highest levels of any EV on the market, in fact. This is at least part of the reason why Ford opted to slash 2023 Mach-E prices the following month, as it’s working to make way for newer 2024 models. To a degree, that strategy worked as well, as Mach-E sales skyrocketed in the ensuring weeks, going from around 300 units per week up to 1,000 and even as high as 1,800, in fact. Over the following 30 days, Ford Mustang Mach-E share in the EV segment nearly tripled as well, going from 5.2 percent all the way up to 13.3 percent. Edited April 3 by ice-capades Additional Content Quote Link to comment Share on other sites More sharing options...
Oac98 Posted April 3 Share Posted April 3 2 hours ago, ice-capades said: Zero Ford Mustang Mach-E EVs Were Produced in March 2024 https://fordauthority.com/2024/04/zero-ford-mustang-mach-e-evs-were-produced-in-march-2024/ Following a flurry of demand surrounding all-electric vehicles in general, interest in those types of vehicles began to taper off toward the end of 2023, though sales continue to increase. Regardless, this has left models like the Ford Mustang Mach-E in a bit of a flux, as The Blue Oval has been working to ramp up production for years, only to now face mounting inventory instead. As such, it doesn’t come as a huge surprise to learn that the automaker built a grand total of zero Ford Mustang Mach-E crossovers at the Cuautitlan Assembly plant in Mexico last month, according to Ford’s March sales report. After churning out 3,454 Ford Mustang Mach-E models in January and 2,315 in February, the Cuautitlan plant built none last month, which is an interesting development indeed. Of course, it’s unclear if the current glut of inventory played a role in this decision, but it is certainly possible that Ford opted to dial things back as it works to move carryover 2023 models off dealer lots. As Ford Authority reported in January, December 2023 marked the first month of last year when Ford Mustang Mach-E inventory levels declined, but with sales averaging around 5,000 units per month, there was still a pretty large backlog of inventory sitting on dealer lots to close out the year – one of the highest levels of any EV on the market, in fact. This is at least part of the reason why Ford opted to slash 2023 Mach-E prices the following month, as it’s working to make way for newer 2024 models. To a degree, that strategy worked as well, as Mach-E sales skyrocketed in the ensuring weeks, going from around 300 units per week up to 1,000 and even as high as 1,800, in fact. Over the following 30 days, Ford Mustang Mach-E share in the EV segment nearly tripled as well, going from 5.2 percent all the way up to 13.3 percent. That certainly isn’t a shocker. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.