Ford Stands Firm on Mustang Pricing Despite Sluggish Sales
Ford Stands Firm on Mustang Pricing
Ford unveiled new offerings at the 2025 Detroit Auto Show, including the Mustang GTD Spirit of America and the Mustang RTR. Despite the Mustang's declining sales, Ford remains unfazed by the situation and believes that its pricing is justified.
The Appeal of Mustang Pricing
Ford Mustang Brand Manager Joe Bellino defended the car's pricing, highlighting the limited options available in the market for a rear-wheel-drive, two-door sports car with a front-engine configuration. While competitors like the Nissan Z and Toyota Supra lack a back seat, and the Miata is a smaller alternative, alternatives like the six-figure Lexus LC500 offer a 2+2 with a V-8 engine. Bellino argues that Ford's Mustang provides buyers with a range of choices within a single model, from the affordable EcoBoost to the high-performance GTD.
Price Comparison Over Time
Contrary to criticisms regarding pricing, Ford points out that the current Mustang's price is consistent with inflation-adjusted prices from 30 years ago. A 1995 Mustang GT coupe cost around $23,000, equivalent to approximately $48,000 today. In comparison, the 2025 Mustang GT starts at $47,055. Ford believes that this pricing structure offers reasonable value to customers.
Sales Decline and Supplier Issues
Ford acknowledges the decline in Mustang sales in 2024, attributing it to supplier issues affecting production. However, Ford also notes that the Mach-E outsold the traditional Mustang by over 10,000 units, suggesting that there may be other factors contributing to the Mustang's sluggish sales.
