Although Ford's poor-selling Thunderbird roadster was a flop down memory lane, the company's bigger, riskier bet on retro-chic styling looks like a win. Ford executives announced today the company will increase production of the new Mustang by 70 percent to meet high demand — to 192,000 cars in 2005, from 112,000 in 2004. Sales of the Mustang convertible, introduced earlier this year, reportedly helped boost retail sales, which are up 45 percent over last year.
Ford boosts Mustang production [CNN]
Related:
New Ford Mustang Cobra to Be Unveiled at New York Auto Show [internal]