Ford’s hiking prices of some Mexico-produced vehicles by up to $2,000
Ford promised “no promises” about hiking vehicle prices once it winds down its employee pricing discounts, and folks? It’s keeping that promise.
According to reporting by Reuters (confirmed by Ford), the automaker is raising the price of three of its Mexico-built vehicles by up to $2,000.
The higher prices are based on the production date of the vehicles. Any Mustang Mach-E SUV, Bronco Sport, or Maverick pickup truck built after May 2 will see cost adjustments.
Vehicles produced in May are expected to arrive on dealer lots in late June or early July, matching Ford’s announcement from last week that it wouldn’t rule out price hikes after its discount period ends July 4.
Earlier this week, Ford announced it expects a $1.5 billion tariff hit this year. That’s shy of the up to $1.9 billion projected by Rivian and far less than GM’s $5 billion estimate.
The higher prices are based on the production date of the vehicles. Any Mustang Mach-E SUV, Bronco Sport, or Maverick pickup truck built after May 2 will see cost adjustments.
Vehicles produced in May are expected to arrive on dealer lots in late June or early July, matching Ford’s announcement from last week that it wouldn’t rule out price hikes after its discount period ends July 4.
Earlier this week, Ford announced it expects a $1.5 billion tariff hit this year. That’s shy of the up to $1.9 billion projected by Rivian and far less than GM’s $5 billion estimate.
