Why doesn't Ford have anything to compete with the Corvette?

Question

Ford Mustang vs Chevrolet Camaro...

Ford ??? vs Chevrolet Corvette

Ford has nothing against a Corvette. I don't get it, why?

Answer 1

The Corvette averaged 14,229 annual U.S. sales from 2009 to 2013.

The average age of a Corvette owner is 59 years old.

The current base price of a new Corvette is about $52,000



The Ford Mustang averaged 74,192 annual U.S. sales from 2009 to 2013.

The average age of a Mustang owner is 51 years old.

The base price of a Mustang is about $22,500.



Attracting new young buyers is important, because their lifespan as repeat customers is longer. Having a lower priced base model is likely to produce more new buyers, than a higher base price would. The Ford Mustang already generates much more revenue than the Corvette does, therefore it does not need to compete with the Corvette.



Since the 2010 model Chevy Camaro debuted in 2009, the Camaro has averaged 79,231 annual U.S. sales from 2009 to 2013.

The Camaro also has a much lower base price and a younger sales demographic than the Corvette does. Therefore, in terms of sports or sporty cars, the Camaro is a far greater competitor to the Mustang than the Corvette is.



The Corvette currently offers Chevy, name brand recognition, not big sales figures. The Mustang offers Ford both name brand recognition and substantial market share



I think a better question would be, why does Chevy keep producing a sports/muscle car like the Corvette, for old guys, when the Camaro sells roughly 5.6 times as many units and attracts younger buyers?

Answer 2

Technically speaking the GT500 has a bit more power than the ZR1, so it could be considered comparable. Of course, it is not as low to the ground and has a rear seat.



Fort had the GT (a modernized GT40 of sorts) a few years ago, but again it was not really competing with the contemporary Corvettes, and was more in the league of the supercars like Ferraris, Lambos, and the like. However, during those years, Ford was the owner of Jaguar and Aston Martin, so having something in the Corvette range could have been seen as competing against itself.



Still, no twin seat sports car in the current Ford stable, indeed. The question is therefore: is there a market for one? Would this be a money making proposition?

If Ford management sees this as a worthwhile investment, they would probably do a car to compete with the Corvette. That they don't right now probably means they are not convinced it is a good thing to do at this point in time.

Answer 3

No offense to Ford (I have a Ranger and a Mustang), but they don't seem to put the same effort into two-seaters that GM does. The original Corvette was a bit more radical than the first T-bird. The Fiero was a lot more advanced than the horrible Ford EXP and Mercury LN7 and the later Capri. The 2000 T-bird was no match for the 'Vettes of the same era. Sure, GM made the Reatta and the Allante, but the Corvette usually outclasses whatever two-seat Ford comes along.



The Reatta was kind of cool, too.

Answer 4

Ford Corvette

Answer 5

umm what about the gt500 that thing has way more horsepower and torque then the corvette, it comes really close to beating the corvette oh wait from motortrend if you look it beats it in the 0-60 just not on a track thats what ford lacks is turning but since no races are on a track for us buyers mostly 0-60 is all that matters so i would say we are beating Chevy in that department and the mustang gt 5.0 is just as good as some of the lower levels of the corvette these days. we also have the super snake mustang that beats the zr1 and is about the same price ford doesnt want a car that costs 120k ford is cheap but makes a good car like mustang i mean a v6 is 22k does 0-60 in 5 sec try to tell me their is a car for the same price that can do that?

Answer 6

This Site Might Help You.



RE:

Why doesn't Ford have anything to compete with the Corvette?

Ford Mustang vs Chevrolet Camaro...



Ford ??? vs Chevrolet Corvette



Ford has nothing against a Corvette. I don't get it, why?

Answer 7

The Corvette averaged 14,229 yearly U.S. revenue from 2009 to 2013. The typical age of a Corvette proprietor is 59 years old. The current basis cost of a new Corvette is about $52,000 The Ford Mustang averaged 74,192 yearly U.S. revenue from 2009 to 2013. The typical age of a Mustang proprietor is 51 years old. The basis cost of a Mustang is about $22,500. Attracting new younger buyers is important, simply because their lifespan as repeat clients is longer. Having a decrease priced basis design is most likely to create much more new buyers, than a higher basis cost would. The Ford Mustang presently generates a lot much more revenue than the Corvette does, consequently it does not need to contend with the Corvette. Since the 2010 design Chevy Camaro debuted in 2009, the Camaro has averaged 79,231 yearly U.S. revenue from 2009 to 2013. The Camaro as well has a a lot decrease basis cost and a younger revenue demographic than the Corvette does. Therefore, in phrases of sports or sporty cars, the Camaro is a much greater competitor to the Mustang than the Corvette is. The Corvette presently offers Chevy, title producer recognition, not big revenue figures. The Mustang offers Ford each title producer recognition and significant market share I believe a much better query would be, why does Chevy shield producing a sports/muscle car like the Corvette, for prior guys, when the Camaro sells approximately 5.6 times as numerous units and attracts younger buyers?

Answer 8

Have you driven a corvette? If so.. you wouldn't be asking this question. Once you own a Vette.. you can't drive a Mustang... like.. go date a supermodel pharmacist, then try dating a fat bartender with a kid... doesn't work. Ford would have to come out with a whole new concept, and 2 Seated Muscle Cars tend to a very small market, (not worth it)

Answer 9

There isn't enough of a market to justify the cost of developing one. As one of the other posters stated - Ford sells about 5 Mustangs for every Corvette, so that's the better market for them. 2 seat sports cars don't sell in big numbers, they never have.

Answer 10

The Thunderbird was kind of in the beginning then for Ford decided that two seater has limited sales and went with a four seater Tbird in 1958.



Closest thing would be the Shelby Mustangs.

Answer 11

They don't really need to, they're doing fine otherwise and to develop a decent rival to the corvette would cost millions that they'd rather invest elsewhere

Answer 12

GM has the Corvette and still went bankrupt?



They're doing it wrong.

Answer 13

Do they not sell a car called Mustang?

I am sure Ford have looked at market options and as a mass producer may find such low dales volumes not profitable enough for its investors. Shareholders are seeking best returns not low volume high image sales with limited returns.

Answer 14

Don't they have the Ford GT?

Answer 15

Try the Ford Mustang GT500. At 662 horsepower and SVT performance and track option packs available, it is rumored to be good for 200mph!



http://www.ford.com/cars/mustang/trim/shelbygt500/

Answer 16

Lmfao I know mustangs from 06 that would smoke any other camaro or challenger.. just sayin nothin wrong with ford

Answer 17

how about the cobra and lightening