Posted on 10/11/2016 10:09:56 AM PDT by Brilliant
Ford Motor Co. is idling its Flat Rock Assembly Plant, where the Dearborn automaker builds the Ford Mustang and the revived Lincoln Continental.
The site will be idled for one week, Ford spokeswoman Kelli Felker said in an email.
"We continue to match production with demand," Felker said in response to a query about whether the idling was due to slower Mustang sales. "Mustang remains the top seller in its segment in total and retail sales..."
Sales of all Ford-brand cars fell by double-digits in the U.S. in September, as Americans continue to gravitate toward crossovers and SUVs, but the Mustang's decline was particularly abrupt. Its sales dove 32 percent to 6,429 units on the month.
Through the first nine months of the year, sales of the Mustang are down 9 percent to 87,258 units. During that same time, sales of all Ford cars were down 13 percent to 525,869 units...
Through the first nine months of the year, sales of the Camaro are down 11 percent to 54,535 units, and sales of the Challenger dipped 2 percent to 51,141 units during that time.
(Excerpt) Read more at mlive.com ...
Agreed. My favorite car of all time is a 69 Mach 1, but they are lucky to have 250HP, they drive like crap and they break. My 2011 would run circles around it. It sure looks purty though.
I thought owning a v8 mustang was a human right ?
They are building nice 2/3 bedroom houses right outside my neighborhood for 140K. Small yard, but it’s cheaper than rent.
Larger lots are the norm where I am due to well and septic. If there was public water and sewer, the lots could be much smaller. As it stands, a half acre is about as small as they get.
You know, that was funny and sad.
What a great old dude.
Time takes it’s toll. They probably should have taken the vehicle sooner.
At any rate, great story and colorful guy.
Yep, now I see cars with 200k+ miles on them................
My generation had REAL station wagons. Those you all call station wagons now are just “wanna be’s”.
People apparently are willing to still pay in the teens for Japanese cars with over 100K miles, I’ve seen them advertised. A good 4 cylinder that has been maintained regularly should make it to 250K without requiring major repair.
These have city utilities. They are pretty nice. They have Hardy Board exteriors, small front porch, architectural shingles, around 1200SF or so on a single level. They were going for $125K but, they sold them all out. They are starting phase 2 now. We have about 5 developments booming right now.
http://gainesville.bosshardtrealty.com/homes/420-SW-251st-Drive/Newberry/FL/32669/65755152/
Ding Ding Ding... it is about the $41K....
They are flipping amazing cars, one of my gnomes has shown up with various pre-sales / post proto's in my driveway to show them off but let that go. Look how can a millennial living in their basement even consider this? Heck back in the day, I heard of kids getting their parents to cosign ( 60's ) and buying a new Vette in H.S. the price-point difference vs Inflation and what a 20 something makes has taken this off a ton of peoples dream list.
Now add to this, it is pre-election in a tumultuous election season. People often deter large purchases, Mustangs included.
And now for the money How do you think the laid off guys are gonna vote? For Hilda or Trump? Frig no, not for Hilda, take that too the bank... I'd say more but be here on 11/7....
I’m leasing a 2016 Ford Focus hatchback, the second in a row. I love everything about it, the comfort of the drivers compartment, the techy console and the rear trunk space for all my softball equipment........26 mpg in the city but poor on acceleration (not that I really care)
I had a friend who had a 1971 (I think) Mach 1. It was like the car James Bond drove in Diamonds Are Forever.
Beautiful car.
“Meanest” looking car I ever saw. Though the Superbird was pretty dang mean looking too.
I love cars. I’d have a hundred of them if I had the money.
I see a lot of Mustangs around here (DC area). They look nice. If I had waited a year to buy my new car (’14 Genesis Coupe 3.8), I very well might have gotten a new Mustang instead.
I’ve seen similar advertised in inland coastal communities here in NC. Targeted at retirees, built on a slab for no steps, fairly cheap construction but with a few nice finishes in and out to keep them from looking like they’re cheap, $130K to $150K depending on square feet and garage.
Yep.
I think you can buy a 20s car a lot cheaper now.
Prewar in general is not pulling the interest to support a high price, all the interest is postwar now. I saw a very nice Chrysler Airflow go in the 20’s recently.
They’ve just gotten too expensive.
Plus, there’s lot of plastic, and they’re cheaply made. I own an ‘06 GT convertible. It’s been a great car in a lot of ways, but Ford really cut corners in the manufacturing.
In June I closed on the sale of my 12 year old McMansion. It was a 6 BR, 5 BA, 3.5 car, 5400 sq ft house on a lake.
NEVER EVER AGAIN!
While I needed a larger house for my family of 7 (plus a dog), my immaturity and self-centered attitude got me into a home that absolutely owned me for 9 years.
We are currently living in a 3 BR, 2 BA 1,250 sq ft apartment while we wait for the right home to buy in our new location. By going through this experience, we’re going to FULLY appreciate all that a 2100 ft rambler offers. And when the time comes for me to once again spend big (relatively speaking) money on real estate, the value will be in the acreage the modest home sits on. And I’ll have 70%+ of the cash to pay for it.
I’m rambling. Back to work -
I would just love to spend my retirement going to place to place courtesy of AirBnB and spending months at a time in various places.
Very few people actually “need” a house like that. It’s a want not a need. When houses were appreciating steadily and somewhat reliably, it wasn’t necessarily a bad bet if you had the income. Now, it’s a boat anchor waiting to happen, just an economic setback away, whether personally or in the economy at large, in my opinion. I’ve seriously considered selling my modest 1600 sf ranch for something cheaper, now that they’re actually selling and the price has stabilized to pre-crash levels. The economy is not healthy, no matter what they say.
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