Monday, 01 September 2014 - 13:20
Ford Begins Production of First Mustang for Global Sale
Ford Motor Co. begins building the sixth generation of its 50-year-old Mustang sports car today at a Michigan plant that will export it to more than 120 countries.
For the first time, a right-hand-drive version will be made, for sale in more than 25 markets such as the U.K., Australia and South Africa, the Dearborn, Michigan-based automaker said in a statement. The 2015 Mustang starts at $24,425, a 4.7 percent increase from this year’s base model.
Ford wants to widen the appeal of a quintessential muscle car, which has been outsold by General Motors Co.’s Chevrolet Camaro for the past four years. The Mustang, which Executive Chairman Bill Ford has called the company’s “most important product,” has long helped woo buyers to its broader lineup. The redesign aims to meet global safety standards while retaining classic cues such as the long hood and three-bar taillights.