mobile-menu-icon
Ford Authority

Ford Mustang Sales Tanked 44 Percent As Discontinued Rivals Petered Out In Q4 2024

Ford Mustang sales decreased in the United States and Mexico, but increased in Brazil, while recording 49 deliveries in Argentina during the fourth quarter of 2024.

Ford Mustang Sales - Q4 2024 - United States

In the United States, Ford Mustang deliveries totaled 7,518 units in Q4 2024, a decrease of about 43 percent compared to 13,290 units sold in Q4 2023.

During the complete 2024 calendar year, Mustang sales decreased about 9 percent to 44,003 units.
MODEL Q4 2024 / Q4 2023 Q4 2024 Q4 2023YTD 2024 / YTD 2023 YTD 2024 YTD 2023
MUSTANG -43.43% 7,518 13,290 -9.47% 44,003 48,605

Ford Mustang Sales - Q4 2024 - South Korea

In South Korea, Ford Mustang deliveries totaled 0 units in Q4 2024.

During the complete 2024 calendar year, Mustang sales were flat at 0 units.
MODEL Q4 2024 / Q4 2023 Q4 2024 Q4 2023YTD 2024 / YTD 2023 YTD 2024 YTD 2023
MUSTANG * 0 * * 0 0

Ford Mustang Sales - Q4 2024 - Mexico

In Mexico, Ford Mustang deliveries totaled 182 units in Q4 2024, a decrease of about 63 percent compared to 486 units sold in Q4 2023.

During the complete 2024 calendar year, Mustang sales increased about 35 percent to 923 units.
MODEL Q4 2024 / Q4 2023 Q4 2024 Q4 2023YTD 2024 / YTD 2023 YTD 2024 YTD 2023
MUSTANG -62.55% 182 486 +34.94% 923 684

Ford Mustang Sales - Q4 2024 - Brazil

In Brazil, Ford Mustang deliveries totaled 123 units in Q4 2024, an increase of about 89 percent compared to 65 units sold in Q4 2023.

During the complete 2024 calendar year, Mustang sales increased about 96 percent to 672 units.
MODEL Q4 2024 / Q4 2023 Q4 2024 Q4 2023YTD 2024 / YTD 2023 YTD 2024 YTD 2023
MUSTANG +89.23% 123 65 +95.92% 672 343

Ford Mustang Sales - Q4 2024 - Argentina

In Argentina, Ford Mustang deliveries totaled 49 units in Q4 2024, an increase of about 81 percent compared to 27 units sold in Q4 2023.

During the complete 2024 calendar year, Mustang sales decreased about 49 percent to 80 units.
MODEL Q4 2024 / Q4 2023 Q4 2024 Q4 2023YTD 2024 / YTD 2023 YTD 2024 YTD 2023
MUSTANG +81.48% 49 27 -49.37% 80 158

Ford Mustang Sales - Q4 2024 - Colombia

In Colombia, Ford Mustang deliveries totaled 2 units in Q4 2024, a decrease of about 67 percent compared to 6 units sold in Q4 2023.

During the complete 2024 calendar year, Mustang sales were flat at 0 units.
MODEL Q4 2024 / Q4 2023 Q4 2024 Q4 2023YTD 2024 / YTD 2023 YTD 2024 YTD 2023
MUSTANG -66.67% 2 6 * 0 0

Side profile of 2025 Ford Mustang GT Convertible.

Competitive Sales Comparison (USA)

Sales of the Ford Mustang (see running Ford Mustang sales) dropped 43 percent year-over-year to 7,518 units in Q4 202. The pony car remained in first place of a space it now owns thanks to its two rivals having been discontinued.

The discontinued Dodge Challenger placed second with 2,182 deliveries followed by the discontinued Chevy Camaro (see running Chevy Camaro sales) in third with just 109 sales (with some inventory remaining).

Sales Numbers - Two-Door Muscle Cars - Q4 2024 - USA

MODEL Q4 24 / Q4 23 Q4 24 Q4 23 Q4 24 SHARE Q4 23 SHARE YTD 24 / YTD 23 YTD 24 YTD 23
FORD MUSTANG -43.43% 7,518 13,290 77% 45% -9.47% 44,003 48,605
DODGE CHALLENGER -77.29% 2,182 9,610 22% 33% -39.82% 27,056 44,960
CHEVROLET CAMARO -98.28% 109 6,340 1% 22% -81.12% 5,859 31,028
TOTAL -66.45% 9,809 29,240 -38.26% 76,918 124,593

From a segment share standpoint, the Mustang earned a commanding 77 percent share. The Challenger posted a 22 percent segment share, and the Camaro held just a one percent share.

For the sake of reference, we present sales results of the expanded mainstream two-door sports car segment below.

Sales Numbers - Mainstream Two-Door Sports Cars - Q4 2024 - USA

MODEL Q4 24 / Q4 23 Q4 24 Q4 23 Q4 24 SHARE Q4 23 SHARE YTD 24 / YTD 23 YTD 24 YTD 23
FORD MUSTANG -43.43% 7,518 13,290 50% 39% -9.47% 44,003 48,605
MAZDA MX-5 MIATA +65.46% 2,323 1,404 16% 4% -9.70% 8,103 8,973
DODGE CHALLENGER -77.29% 2,182 9,610 15% 28% -39.82% 27,056 44,960
TOYOTA 86 -23.84% 1,783 2,341 12% 7% +3.14% 11,426 11,078
SUBARU BRZ +23.58% 1,022 827 7% 2% -20.13% 3,345 4,188
CHEVROLET CAMARO -98.28% 109 6,340 1% 19% -81.12% 5,859 31,028
TOTAL -55.82% 14,937 33,812 -32.95% 99,792 148,832

In this expanded space of six entries, the Mustang claimed a 50 percent segment share – once again at the top to account for half of all deliveries.

The mainstream two-door sports car segment contracted 56 percent to 14,937 units in Q4 2024, meaning Mustang sales outperformed the segment average.

The Ford Authority Take

Ford Mustang sales were in the red once again during Q4 2024, down nine percent for the 2024 calendar year as a whole. Ford blames supplier issues for the downturn, though some think price hikes also contributed as well. But The Blue Oval’s entry now owns a segment as key rivals have dropped out, becoming the only two-door muscle car on sale in America… for the time being.

Regardless, the S650-generation Mustang is not off to a good start from a sales standpoint, and we sure hope that the supplier issues in question will be resolved for sales to rebound in 2025.

As a reminder, the Chevy Camaro is no longer in production, and things aren’t looking good for its return. Meanwhile, Dodge Challenger production has also ended, though the first-ever 2024 Dodge Charger Daytona has been introduced as a more direct rival to the Mustang, albeit as a battery electric vehicle.

For Ford’s part, CEO Jim Farley said that “we will never make an all-electric Mustang,” adding that a V8 will be offered for as long as possible. Even so, a Mustang hybrid seems quite likely and more realistic than an EV. Farley said even a Mustang sedan could happen at some point, reviving previous rumors. Most recently, Ford Authority uncovered several trademark applications for the term Mach 4, which will likely be used for the upcoming four-door Mustang.2024 Ford Mustang 60th Anniversary Badge

About Ford Mustang

The all-new, seventh-generation 2024 Ford Mustang debuts as more than a simple refresh, redesigned inside and out while offering new tech. The overhauled cabin features a fighter jet-inspired cockpit with a flat-bottom steering wheel, a 12.4-inch digital instrument cluster, and a new Sync 4 powered 13.2-inch infotainment screen, replacing the analog gauges with highly configurable ones.

Performance-wise, the Ford 2.3L I-4 EcoBoost continues to serve as the base engine, with FoMoCo saying it is all-new. That is also true for the Ford 5.0L V8 Coyote, which is the engine’s fourth-generation. It utilizes dual throttle bodies and a dual air intake box to help make it the most powerful naturally-aspirated Coyote-powered Mustang ever, with 500 horsepower and 418 pound-feet of torque connecting to the six-speed manual and 10-speed automatic transmissions that will continue to be offered on the S650.

Here’s a guide to every 2024 Mustang EcoBoost package.

In April, 2024 Ford Mustang owners got heritage gauge clusters and a SVT Cobra-inspired digital cluster courtesy of a software update.

For the 2025 model year, the Ford Mustang 60th Anniversary Package debuts, available on GT Premium models in both coupe and convertible configurations, and with either the six-speed manual or 10-speed automatic transmission. Paint color choices include Wimbledon White, Race Red, and Vapor Blue paint, plus Brittany Blue for a limited time, which debuted on the pony car in 1967.

Also for 2025, the Mustang drops four colors but adds two new ones, drops the EcoBoost High Performance Package, and drops wireless phone charging. However, it gains standard dual zone climate control and B&O sound system availability has expanded.

Here’s everything you need to know about 2025 Mustang EcoBoost packages and Mustang GT packages.

About The Numbers

Vince has owned couple of Fords in his lifetime, and they were both manuals.

Subscribe to Ford Authority

For around-the-clock Ford news coverage

We'll send you one email per day with the latest Ford updates. It's totally free.

Comments

  1. I’m sure the 10-25 percent price hikes did not help.

    Reply
  2. It’s also ugly

    Reply
    1. They grew on me, good looking car

      Reply
  3. It’s a bad sign when you competitors aren’t manufacturing any vehicles and you only win 77% of the market.

    Reply
    1. Exactly. Folks complain about GM discontinuing the Camaro, but from a business perspective, they saw this market segment melt-down coming. So it made sense.

      IMHO, if folks want “heritage”, then “Bring-A-Trailer” should be one of the first places to start looking….not the OEM Dealership.

      Reply
  4. Mustang used to be a fun car. That is what it was initially. They sold by the millions. Sure there were some models that were knuckle draggers. Now its just a noise maker for the special kind of toolbox that would have one. It has 500 friggen HPs and half of the people who buy one insist on sawing the muffler off day-1. Who wants to be that guy? Seriously! Who? I really want to want one. But I don’t. The clientele is icky. BTW, I sold my Ford stock that I bought at $2 and got an old F100 with it, but its no longer king of sales either. Ford doesn’t sell a single vehicle that I want. Maybe the new Continental, if it doesn’t cost something like real estate.

    Reply
  5. Mustang is just a noise maker for the special kind of toolbox that would have one. It has 500 friggen HPs and half of the people who buy one insist on sawing the muffler off day-1. Who wants to be that guy? Seriously! Who? I really want to want one. But I don’t. The clientele is icky.

    Reply
  6. It’s Boomer Priced like everything else now. Same reason young people can’t afford a house.

    Reply
    1. No self control, self sacrifice or discipline.
      The need for instant gratification.
      Blaming others (elders) for their pathetic financial situation instead of blaming themselves for their own bad choices.

      Mentally soft as a marshmallow and weak as a baby.
      These are the main reasons the John’s of the world are broke jokes and will probalbly never own anything.

      Reply
      1. I’m doing pretty well, actually. And in some ways your comment isn’t entirely wrong. But I’m also not blind to the economic reality that the Boomers are the largest and wealthiest generation ever. The economy (and prices) bend to them similar to the effects of a large mass on gravity. It’s just a function of so many people at a certain age with so much money. There aren’t enough younger people with enough money to compete, especially young families vs empty nesters.

        Reply
  7. The interior is just plain awful with that monster screen and all the plastics used throughout. The large price increase for ’25 could have justified with a more refined interior and traditional dash custer. I looked hard at purchasing a new 2025 Dark Horse but instead bought a low mileage 2020 GT350 because I could not tolerate that big screen on the ’25!

    Reply
  8. Ugly, overpriced and bloated. What would happen if Ford offered a nimble, decontented, cheaper version? You know…”get back to where you once belonged”.

    Reply
    1. I’d buy in but Ford will never make it not a large enough profit margin.

      Reply
      1. Thanks. Actually, though, the time might be right. Look at the success of the (relatively) inexpensive Maverick and the fact that Ford is working on a low-dough tiny EV

        Reply
  9. The supply chain issue excuse has worn a little thin by now. Ford has forgotten what made the Mustang so attractive for decades and has priced it out of reach for many, including this Boomer.

    Reply
  10. Excellent point Bruce! The Euro/Asian look and the hideous dash-not a dash thumbs it’s nose at what the car was, and should be about. I bought new in ’80, ’94 and 2014. Give us a Mustang, and we’ll buy it!

    Reply
  11. Price, lol.
    That is why im waiting to upgrade from 2016 S550.

    I have my gripes but the price is too high for a refreshed car.

    Reply
  12. Let’s face Ford is trying to kill the two door Mustang as the continue to raise the price 3k more for the 2025 GT. And the S650 is really a New Edge S550 a slight evolution not anything close to new.

    Reply

Leave a comment

Cancel