Ford to increase Mustang production

Ford today announced that it will take production of the new Mustang to more than 192,000 units in 2005—an increase of more than 70 percent, or 80,000 units, from the previous year.

"Ford Mustang is the hottest car in the industry, and its performance on the street and in the showrooms is beating everyone's expectations," says Steve Lyons, Ford Division president. "Sales are up more than 45 percent over last year, and V-8 GT and convertible model demand is so strong that we haven't been able to build enough.

"We're planning to increase production well beyond what was initially planned. This will allow us to sell 160,000 - 165,000 Mustangs in the U.S. this year."