Ford Confirms an Important Decision That May Not Please Customers

Jim Farley really wants to make Mustangs.

The Ford  (F) – Get Ford Motor Enterprise Report CEO laid out the company’s goals for Mustang Mach-E, the electrical variation of the vintage pony motor vehicle in a tweet late past yr.

‘The Outstanding Demand’

“It’s difficult to produce Mustang Mach-Es quick enough to satisfy the unbelievable demand, but we are guaranteed likely to check out,” Farley mentioned in December. “So commencing in 2022 we are escalating creation and be expecting to attain 200,000+ units for every 12 months for North America & Europe by 2023. That is 3x our 2021 output.”

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