“By no means are those inventories high,” Merkle said. What we do know for sure is that Ford built 46,238 Mustang Mach-Es in the first half of the year and sold 14,040.VW has acknowledged “some softening in EV sales in the U.S. recently” and according to Cox’s data, it has 131 days’ worth ofin its inventory. The German brand noted that there is strong demand for the electric SUV but that it doesn’t have enough all-wheel drive versions to meet demand.
“There’s a natural speed of market growth here that many are fighting against, and there’s a lot of confusion in the market with too many brands,” added investment banker Vitaly Golomb. “The strong will survive here and the rest will struggle.”
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