After 7 consecutive months of weak sales, the Mustang finally showed a bit of a sales rebound in February 06.
But with 13,367 units sold in Feb 06, it was still a 5% decline from the 14,050 Stangs that were sold in Feb 05.
The Feb 06 sales # should be of concern to Ford. Last year there was a genuine inventory shortage of Mustangs. This year there appears to be plenty of Mustangs in inventory on dealer lots. In fact, with the 07 Mustang only a few months away there are still 2005 Mustangs sitting on dealer lots. Ford has quietly put $2,000 of dealer cash on these leftover 05 Mustangs to try to clear them out.
It's a crying shame that many dealers are still asking above sticker markups on Mustangs while Ford has now had to resort to incentives to clear out old Mustang inventory.
But with 13,367 units sold in Feb 06, it was still a 5% decline from the 14,050 Stangs that were sold in Feb 05.
The Feb 06 sales # should be of concern to Ford. Last year there was a genuine inventory shortage of Mustangs. This year there appears to be plenty of Mustangs in inventory on dealer lots. In fact, with the 07 Mustang only a few months away there are still 2005 Mustangs sitting on dealer lots. Ford has quietly put $2,000 of dealer cash on these leftover 05 Mustangs to try to clear them out.
It's a crying shame that many dealers are still asking above sticker markups on Mustangs while Ford has now had to resort to incentives to clear out old Mustang inventory.