2024 Mustang sales lowest in history of Mustang

[Mustang1987]

It is way more complex than that.

The ideal is low and consistent inflation (around 2%). Less than that is bad (especially if it goes negative as it did in Japan), significantly more than that is also bad.

There are several measure of inflation, retail, consumer, business, specific business sectors etc.

There are then several factors that feed into those indexes.

It is easy enough to strip out inflation from spending to get real figures.

No matter which way anyone tries to slice it and say the economy is good, it's not lol It's a terrible economy with loads of inflation.

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[John G]

The Raptor and Mustang are subsidizing the losses taken by the Ford EV program. The Mach E has outsold the ICE Mustang because Ford is selling the Mach E at a loss on every unit.

We may not have an EV, but who’s getting the last laugh; Us for having the cooler car or them for having us pay for part of their car purchase?

I agree with you. According to the Ford website in my town, our Ford Dealership is now offering a complimentary home charger and standard instillation. Ford is also offering 0 APR for 72 months plus $2,000 bonus cash and a dealership discount of $4,000.

All total, our local dealership sold about 10 new Ford Mustangs which included 2024 EcoBoosts, GT Fastbacks, GT Premiums and 2 Dark Horses. Currently, they have no ICE vehicles on their lot. However, they have 8 new Mach Es with significant discounts and incentives in an effort to sell them.

I looked at a neighboring Ford dealership and they had 2 new Ford Mustangs for sale (both GT Premium convertibles) and they both sold. They did not stock any Mach Es.

So, based on what I am seeing locally, the ICEs are selling.

And those of us who are driving the traditional ICE Mustangs are driving the cooler cars!

 

[Gregs24]

The US economy is currently strong and has been for some time, stock markets support this.

However consumer confidence isn't, probably because you are coming out of a period of higher inflation and things seem to be very expensive. Once you get used to those higher prices and they don't keep on increasing the local confidence will return.

 

[Gregs24]

No matter which way anyone tries to slice it and say the economy is good, it's not lol It's a terrible economy with loads of inflation.

2.75% inflation, which is what it is currently in the US, is NOT bad at all - in fact it is pretty much where you want it to be.

 

[Mustang1987]

2.75% inflation, which is what it is currently is, is NOT bad at all - in fact it is pretty much where you want it to be.

Come on, you know better. How much food can someone buy with $100 compared to what they could buy with $100 6 years ago.

Until that ratio is fixed, it's a terrible economy.

 

[Mspider]

Come on, you know better. How much food can someone buy with $100 compared to what they could buy with $100 6 years ago.

Until that ratio is fixed, it's a terrible economy.

but you understand why giving people more money that won`t fix the problem right? Prices have to go lower or stop going up completely. Demand has to crash.

 

[Mustang1987]

but you understand why giving people more money that won`t fix the problem right? Prices have to go lower or stop going up completely. Demand has to crash.

Giving people money is why inflation is this bad.

 

[Mspider]

Come on, you know better. How much food can someone buy with $100 compared to what they could buy with $100 6 years ago.

Until that ratio is fixed, it's a terrible economy.

The past 6 years inflation has went up. The rate of inflation is now lower.

 

[Mspider]

Giving people money is why inflation is this bad.

That`s why we need a economic slow down. But where is it? Where are the mass layoffs? Why is consumer spending up? Why did my local BMW dealership sell more cars in 2024 than 2023?

 

[Mustang1987]

The past 6 years inflation has went up. The rate of inflation is now lower.

The rate of inflation may be lower, but inflation isn't lower. Two totally different things.

 

[smurfslayer]

consumer confidence isn't, probably because you are coming out of a period of higher inflation and things seem to be very expensive.

Things don’t seem expensive, they ARE expensive. Being very close to the oil industry, things have cascaded or perhaps “snowballed” as a result of artificially high fuel costs incurred starting in January, 2021. When US states like West Virginia start paying 1/2 European fuel costs, things are in the shîtter. When that hits oil producing states like Texas, it’s a genuine clown show. The fuel costs went up suddenly and stayed high for a long time. We couldn’t get drilling leases approved, and approved leases were sometimes halted. The whole industry became harder to work in.

When your fuel costs go up that much, every good that travels in intrastate, interstate and inter-country travel costs more. Sometimes a lot more.
I don’t know if you’ve heard, we’re a big country. We let people build houses in flood zones, tornado alley, hurricane alley, earthquake alley, and pretty much everywhere else and have to ship goods like food from the source to the destination and it costs a bit. So everything that is shipped is costing us disproportionately more money for a period of almost 2 years and at the absolute worst time. Once restrictions for C*vid were lifted, the economy stumbled and continues to. Fuel prices are fickle; when the price of gasoline goes up, good tend to go up almost immediately; look to UPS for pre-cursor behavior. When UPS adds the fuel surcharge (that never goes away), other goods are likely already more expensive, or will be soon, but when fuel prices crash, shipped goods remain expensive asymmetrically.

So shipped goods are more expensive to get, including parts that make up a Mustang, the assembled Mustang itself, Ford is subsidizing the wasteful EV division with ICE profits.
Let the market decide what we want to buy without weighing the scale and maybe it will improve for the Mustang line.

 

[Gregs24]

but you understand why giving people more money that won`t fix the problem right? Prices have to go lower or stop going up completely. Demand has to crash.

Look at Japan to see why that is a very bad idea

 

[Gregs24]

The rate of inflation may be lower, but inflation isn't lower. Two totally different things.

Please explain!

 

[Gregs24]

That`s why we need a economic slow down. But where is it? Where are the mass layoffs? Why is consumer spending up? Why did my local BMW dealership sell more cars in 2024 than 2023?

He has no idea about inflation or the drivers of inflation

 

[Mspider]

The rate of inflation may be lower, but inflation isn't lower. Two totally different things.

Its lower than it was year before.

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