Hey, times change. Just ask the folks over at Volkswagen.
In Germany, the land of the Autobahn, where speed is regarded as a national right, the best-selling sports car last month wasn’t the locally-built Porsche 911. It was the Ford Mustang.
The Mustang is relatively expensive in Germany compared to the United States. Prices for a four-cylinder turbocharged model there start at about €38,000, or roughly $43,000. Prices for that model in the U.S. start at less than $26,000. Prices for the powerful, V8 Ford GT start at the equivalent of almost $50,000, while the car costs about $32,000 in the U.S. (Car prices in Germany are quoted with taxes and fees included, which is not the case in the U.S.).
Despite the higher price, the GT is, by far, the most popular version of the car in Germany, according to Ford (F).
The Mustang has a huge price advantage over what is otherwise the best-selling sports car in Germany, the 911. That starts at €96,000 in Germany, or roughly $110,000, for a base model with no options.
Die Chefs von VW denken vor allem an ihre Millionen-Boni. Doch wofür? Dafür, dass der Konzern mit voller Wucht gegen die Wand gefahren wird?
My local VW dealer seems to be doing poorly. He just does not have the inventory to entice people to check him out. Even more painful, he still has a sign up, which reads that he is also a SAAB dealer.