Automatricschool. - This is information for you with the title Ford Mustang is already a hit in China and Australia, now to enter Brazil that written by Phoebe Wall Howard and published in Detroid Free Press.
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The Ford Mustang, after more than 50 years as a top-selling sports car in the United States, hopes to reach global domination with the help of Chinese buyers.
It seems to be working. Ford is reporting 33% sales growth in China so far this year, with three months remaining.
China is known for freshwater pearls, silk and now, it seems, Mustang.
Since Mustang’s global launch in 2015, the iconic muscle car has become the bestselling sports car in the world’s fastest growing car market. In 2016, sales spiked 74% -- from 4,076 to 7,107.
The China version of Mustang carried a higher starting price of $60,245 in 2017, or more than twice the U.S. starting price of $25,585 for the 2018 model. The difference is largely due to import tariffs and other taxes.
Chinese buyers purchased 3,114 Mustangs from January through September this year. The new 2018 Ford Mustang doesn’t ship overseas until next year.
“We had about 100 members of Mustang clubs in China when they had to import cars on their own,” said Mark Schaller, marketing manager for Mustang. “Now there are more than 3,000 members of Mustang clubs in China.”
The international appetite comes as no surprise to Rich Homan, senior vehicle evaluation editor at Kelley Blue Book.
It seems to be working. Ford is reporting 33% sales growth in China so far this year, with three months remaining.
China is known for freshwater pearls, silk and now, it seems, Mustang.
Since Mustang’s global launch in 2015, the iconic muscle car has become the bestselling sports car in the world’s fastest growing car market. In 2016, sales spiked 74% -- from 4,076 to 7,107.
The China version of Mustang carried a higher starting price of $60,245 in 2017, or more than twice the U.S. starting price of $25,585 for the 2018 model. The difference is largely due to import tariffs and other taxes.
Chinese buyers purchased 3,114 Mustangs from January through September this year. The new 2018 Ford Mustang doesn’t ship overseas until next year.
“We had about 100 members of Mustang clubs in China when they had to import cars on their own,” said Mark Schaller, marketing manager for Mustang. “Now there are more than 3,000 members of Mustang clubs in China.”
The international appetite comes as no surprise to Rich Homan, senior vehicle evaluation editor at Kelley Blue Book.
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