Ford Mustang production halted due to sales dive, workers get paid holiday

Ford Mustang production will be paused for seven days at the Flat Rock, Michigan, factory as sales dropped by 32 percent in September.

Production will cease in Flat Rock on October 10, 2016, and resume October 17. As per Ford’s labor agreements, affected workers will be paid whilst the plant is idled.

The factory also makes the new Lincoln Continental.

The sixth generation Mustang has been a big success for the company so far, with it outselling its great rival the Chevrolet Camaro since 2015.

So far in 2016, the 87,258 Ford Mustangs have been sold in the US (down 9.3 percent) versus 54,535 Chevrolet Camaros (down 11 percent).

Last month, the Camaro overtook the Mustang in monthly sales for the first time since October 2014 on the back on strong incentives. The Camaro has an average US$3,409 of incentives per car, while the Mustang has a discount of US$2,602.

Source: Bloomberg