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More model informationIn April 2022, Ford stopped accepting new orders for the 2022 model year Mustang Mach-E due to its popularity. In June 2022, the CFO of Ford Motor announced that the profitability of the Mustang Mach-E has been wiped out due to increases in the cost of raw materials.
Despite Mach-E sales falling over 20% through the first half of 2023, Ford retooling its Cuautitlan plant was expected to boost output. And it did – up until recently. The Mach-E carried Ford’s sales in a record-setting third quarter, accounting for over 70% of total EV sales.
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Mar 7th 2024
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