Ford Temporarily Halts Mustang Factory Operations After 32% Sales Drop

Due to a sudden 32% plunge in sales, Ford has decided to put the Mustang factory's operation in the United States on idle for a week. This has been an ongoing problem for the automobile manufacturing company, especially since Chevrolet Camaro has overtaken them for the first time in two years.

Two years ago, Mustang was able to outsell the Camaro with its redesign. The new look helped them achieve the top spot in the segment, but as mentioned, the Camara overtook them again with a tripled increase in incentives per car.

Company spokeswoman Kelli Felker said that this move was decided on so that they could meet the production with the demand. There are currently 3,702 employees who work at the Flat Rock, Detroit and Michigan plants, and they are only awaiting the go signal for reopening of operations on Oct. 17. All workers will be paid during this down time in accordance to labor laws.

It's been a pretty tough year for Ford as well, especially when it said that their US car sales have peaked. They expressed difficulty in trying to reach that level of profit again for the following year. With that said, a lot of investors lost confidence as well in the company.

However, the latest statement of Felker said that Mustang remains to be "the top seller in its segment in total and retail sales."

Car enthusiast website Jalopnik came out with a satirical article saying that Mustang's sales deserve to stay in the low in the US, because there are simply too many car owners "powersliding" down the street and the epidemic must be immediately stopped. They said, "Thankfully, the scourge of Mustangs in America may be coming to an end. Our long national nightmare may be over."

Ford has also reportedly suffered from an 8.1% decline over the year.