Ford Slashes Prices on Mustang Mach-E Up to $5,900 🚗
Ford Motor has announced significant price cuts on the Mustang Mach-E electric SUV, with discounts ranging from $600 to $5,900 to boost sales and competitiveness.
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Ford Motor ($F@US) announced on Monday that it is cutting the price of its Mustang Mach-E. The reductions of the electric SUV range from $600 to $5,900, compared to Tesla’s ($TSLA@US) price cuts of up to $13,000 on its Model Y earlier in January. The move may compromise the profitability of Mach-E on a per-unit basis. However, it is expected to increase from 78,000 vehicles to 130,000 units annually.
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Jan 30, 2023
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