February Mustang Sales down again!!

More doom and gloom for Ford Motor Company as they reported February auto sales which are down 48% compared to a year ago. Ford Mustang sales were very close to historic lows again with just an increase of 46 cars from the previous month. For now January Mustang sales still have the crown of the lowest Mustangs sales in a month for Ford's 45-years of producing the Mustang.

Sales of Ford Mustangs for February of 2009 were 2,990 compared to 7,752 from February of 2008 showing a 61.4% decrease in sales from the previous year. Year to date Mustang sales are 5,934 compared to 14,297 for 2008, which is a 58.5% drop. Don't expect Mustang sales to pickup next month because the refreshed 2010 Mustang will not hit dealer lots till the end of March early April. The 2010 Mustang will also see competition from the new 2010 Camaro and Challenger model.

Only if GM gets the Camaro into production. GM is under such heat right now trying to borrow money, they are nearly being forced to make "sensible" cars, not "fun" cars.

Until they start to lower the prices or offer better rebates things are just going to keep going downhill. At least until the new body style comes out and people get all hyped up about it.