ECD Auto Design begins production of bespoke ECD Ford Mustangs, merging classic style with modern performance and customization.
Quiver AI Summary
ECD Auto Design has commenced production of the new ECD Ford Mustang, a modern reinterpretation of the classic 1966-1970 Ford Mustang that combines cutting-edge technology with exquisite craftsmanship. Each vehicle is a unique creation tailored to the owner's specifications, featuring powerful modern engines, luxurious interiors with high-end materials, and innovative performance upgrades. This project marks ECD's first venture into the American muscle car market, known for its expertise in restoring high-end vehicles like Land Rover Defenders and Jaguar E-Types. CEO Scott Wallace emphasized the balance of heritage and modernity in this project, aiming to deliver a one-of-a-kind driving experience. ECD, publicly traded on Nasdaq, prides itself on fully bespoke vehicles, crafted by a talented team in its Florida facility.
Potential Positives
- ECD Auto Design has officially commenced production of the ECD Ford Mustang, marking a significant milestone as the company expands its offerings into the American muscle car market.
- The ECD Ford Mustang features bespoke customization options and modern performance enhancements, appealing to a niche market of luxury car enthusiasts.
- The vehicle integrates iconic classic design with cutting-edge technology, reaffirming ECD's commitment to craftsmanship and innovation.
- Production of the ECD Ford Mustang demonstrates the company's ability to attract new clients and build on its reputation for creating unique, high-end vehicles.
Potential Negatives
- As a newly introduced product in a competitive market, the ECD Ford Mustang may face challenges in establishing brand recognition and consumer trust when compared to established muscle car manufacturers.
- The reliance on bespoke customization could lead to longer delivery times, potentially causing customer dissatisfaction and impacting sales volume.
- The shift to producing a classic American muscle car may dilute ECD Auto Design’s established brand identity, which is primarily known for luxury restorations of British vehicles.
FAQ
What is the ECD Ford Mustang?
The ECD Ford Mustang is a reimagined version of the classic 1966-1970 Mustang, combining modern technology with classic design.
How can I customize my ECD Mustang?
Clients can personalize their ECD Mustang with various engine options, luxurious finishes, and modern technology tailored to their preferences.
Where is ECD Auto Design located?
ECD Auto Design is based in Kissimmee, Florida, where they craft their bespoke luxury vehicles.
When did production of the ECD Mustang start?
Production of the ECD Ford Mustang officially kicked off on December 17, 2024.
What experience does ECD Auto Design have?
ECD Auto Design has extensive experience in restoring luxury vehicles, including Land Rovers and Jaguar E-Types, now expanding to Mustangs.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ECDA Hedge Fund Activity
We have seen 4 institutional investors add shares of $ECDA stock to their portfolio, and 11 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BOOTHBAY FUND MANAGEMENT, LLC removed 80,390 shares (-100.0%) from their portfolio in Q2 2024
- YAKIRA CAPITAL MANAGEMENT, INC. removed 74,886 shares (-100.0%) from their portfolio in Q2 2024
- ATLAS MERCHANT CAPITAL LLC removed 43,750 shares (-100.0%) from their portfolio in Q2 2024
- CONTEXT CAPITAL MANAGEMENT, LLC removed 41,875 shares (-100.0%) from their portfolio in Q2 2024
- XTX TOPCO LTD added 16,825 shares (+inf%) to their portfolio in Q3 2024
- FOUNDERS FINANCIAL SECURITIES LLC added 13,000 shares (+86.7%) to their portfolio in Q3 2024
- RENAISSANCE TECHNOLOGIES LLC added 10,800 shares (+inf%) to their portfolio in Q3 2024
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Full Release
KISSIMMEE, Fla., Dec. 17, 2024 (GLOBE NEWSWIRE) -- ECD Auto Design has officially kicked off production of the highly anticipated ECD Ford Mustang! Each bespoke car takes the iconic 1966-1970 Ford Mustang and reimagines it with modern technology, precision craftsmanship, and timeless style. It’s more than just a car, it’s a statement of what a classic American muscle car can be.
The ECD Ford Mustang is designed for those who appreciate the perfect balance of heritage and innovation and is a masterfully crafted one-of-one restomod, blending classic design with modern performance. Its robust chassis and expertly manufactured body ensure a perfect balance of strength, durability, and iconic style. With production now in full swing, we’re delivering a muscle car like no other, offering endless opportunities for customization, innovative performance upgrades, and luxurious touches that make it truly your own.
The Perfect Blend of Customization and Classic Design
Every ECD Mustang is a one-of-one masterpiece tailored to the individual tastes of its owner. Clients can choose from a range of powerful engine options, including modern Roush V8s offering a perfect blend of speed and power. Inside, the Mustang’s cabin is transformed into a luxurious sanctuary, featuring hand-stitched leather, custom finishes, and modern technology seamlessly integrated into its vintage charm.
“Our vision for the ECD Ford Mustang is to celebrate its iconic legacy while elevating it with 21st-century performance, luxury, and one-of-one customization,” said Scott Wallace, CEO of ECD Auto Design. “From the roar of the engine to the precision of the details, this Mustang will deliver an unforgettable driving experience.”
A Milestone for ECD Auto Design
Known for its world-class craftsmanship in restoring and reimagining Land Rover Defenders, Range Rover Classics, and Jaguar E-Types, ECD Auto Design is now extending its expertise to one of the most beloved American classics of all time. The Mustang joins ECD's portfolio as the company's first American muscle car project, marking a pivotal expansion of its offerings.
Moving into the production phase, Emily Humble, the Chief Production Officer for ECD Auto Design stated “Our clients have been eagerly awaiting the debut of the ECD Mustang, and we’re proud to deliver a restomod that honors the car’s rich history while providing unparalleled personalization and innovation. The ECD Ford Mustang is now in production and the entire team is beyond excited to add American muscle to our product line-up.”
About ECD Auto Design
ECD, a public company trading under ECDA on the Nasdaq, is a creator of restored luxury vehicles that combines classic English beauty with modern performance. Currently, ECD restores Land Rovers Series, Land Rover Series IIA, the Range Rover Classic, Jaguar E-Type, Ford Mustang and Toyota FJ. Each vehicle produced by ECD is fully bespoke, a one-off that is designed by the client through an immersive luxury design experience and hand-built from the ground up in 2,200 hours by master-certified Automotive Service Excellence (“ASE”) craftsmen. The company was founded in 2013 by three British “gear heads’ whose passion for classic vehicles is the driving force behind exceptionally high standards for quality, custom luxury vehicles. ECD’s global headquarters, known as the “Rover Dome,” is a 100,000-square-foot facility located in Kissimmee, Florida that is home to 90 talented craftsmen and technicians, who hold a combined 61 ASE and five master level certifications. ECD has an affiliated logistics center in the U.K. where its seven employees work to source and transport 25-year-old work vehicles back to the U.S. for restoration. For more information, visit
www.ecdautodesign.com
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A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/cdc697b2-67ab-444e-a708-804353b0da90
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
