Ford says Mustang Mach-E reservations full

0
5
Ford says Mustang Mach-E reservations full


FILE PHOTO: Ford Motor Co. shows the all-new electric Mustang Mach-E vehicle for a photo shoot at a studio in Warren, Michigan, U.S. October 29, 2019. Picture taken October 29, 2019. REUTERS/Rebecca Cook

(Reuters) – Ford Motor Co (F.N) said on Monday reservations for the first edition of its electric sport utility vehicle, Mustang Mach-E, are full.

The No. 2 U.S. automaker unveiled the electric Mustang crossover on Nov. 17, and began taking reservations with a refundable deposit of $500.

More than 80% of U.S. customers are reserving Mach-E with an extended range battery, while about 55% opted for an all-wheel drive, Ford said. (ford.to/2u0BMOJ)

More than 25% of the reservations are from California, with nearly 30% of U.S. customers choosing Mach-E GT, the company said.

The Mach-E has become a high-profile test for a restructuring at Ford that has been marred by profit warnings, costly quality problems and the troubled launch this year of another important vehicle, the Ford Explorer sport utility.

Reporting by Ayanti Bera in Bengaluru; Editing by Aditya Soni and Shounak Dasgupta



(Source)