Due to slow sales and increasing inventory, Ford has temporarily stopped production of the Mustang at its Flat Rock Assembly Plant in Michigan, according to The Detroit News.
In September, Mustang sales in the United States fell 32% to 6,429 units, with inventory standing at 89 days, 29 days more than what analysts say is a healthy target. Meanwhile, year-to-date sales for the pony car are down 9.3% to 87,258 units through September.
However, demand outside the US has been pretty encouraging, specifically in countries such as China, Australia and the UK. The Flat Rock plant is responsible for global Mustang production, including left- and right-hand drive models.
“We continue to match production with demand. (The) Mustang remains the top seller in its segment in total and retail sales,” Ford spokeswoman Kelli Felker said in an email.
On the other hand, sales of the Chevrolet Camaro jumped 25.4% in September to 6,577, but year-to-date sales through September was down 11.4% compared to 2015. Even so, inventory for the Camaro stood at 120 days at the end of September, but a spokesman confirmed the carmaker has not taken any down time at its Lansing Grand River Assembly Plant in Michigan.
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