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- Electric vehicles are gaining traction: The Ford Mustang Mach-E outsold its gasoline siblings in 2024, with a 26.9% year-over-year increase in sales. This trend suggests that consumers are increasingly opting for electric vehicles, which is a crucial step towards reducing greenhouse gas emissions.
- Supply chain issues are a challenge: Ford cited supply chain issues as a reason for the Mustang’s lower sales. This highlights the need for more sustainable and resilient supply chains to support the production of electric vehicles and other climate-friendly technologies.
The electric Ford Mustang Mach-E SUV outsold its gasoline coupe and convertible siblings in 2024.
Ford recently released its Q4 and year-end sales results, which showed 51,745 Mach-E sales and 44,003 gasoline Mustang sales. Those represented a year over year increase of 26.9% from 2023 for the Mach-E, and a decrease of 9.5% for the gasoline Mustang.
That’s despite the Mustang being the last of the V-8 pony cars after the discontinuation of the Chevrolet Camaro and Dodge Challenger at the end of 2023 (although some leftover inventory remained in 2024) and having its first full calendar year of production following a redesign.
Ford pointed to supply chain issues for the Mustang’s 2.3-liter turbo-4 engine, which kept inventory low throughout the second half of the year. This isn’t the first time. In mid-2021, Ford was building more Mach-E EVs than gasoline Mustangs, after reportedly choosing to prioritize the electric model in the midst of a global chip shortage.
Read the full post at Green Car Reports.
