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Sales fall as baby boomers start to age out of sports cars

New York

BABY boomers are starting to outgrow their midlife crisis years, and that's bad news for carmakers who want to sell sports cars.

It was a sign of things to come this month when Ford Motor Co idled its Mustang plant for a week as sales for the year fell 9 per cent. Other sports cars have faded at a similar rate, and even stalwarts like the Chevrolet Corvette and most Porsche models are slumping.

While there are still plenty of buyers who love the passing lane, carmakers face a pesky reality. Men born between 1946 and 1964, who buy most sports cars, are cruising past their peak spending years. And as age 70 beckons, folding up like an accordion to get into the front seat of a speedy roadster...

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