According to a Ford spokesperson speaking with Reuters, the price hikes come as the automaker grapples with supply chain issues and inflation, specifically blaming “”ongoing supply chain constraints, rising material costs and other market factors.”
Other automakers have also increased prices over the past year, including the likes of Tesla and Rivian, for example.
Ford says existing orders scheduled, including commercial and government orders will not see the price hike.
Earlier this week, Ford reported its Q3 sales, which were up 15.9% year-over-year, at 464,674 vehicles sold. EV sales increased 197% for Ford, with F-150 Lighting sales at 1,918 in September and 8,760 since June. Mustang Mach-E sales increased 47% year-over-year.
Tesla Full Self-Driving (FSD) running in a 1966 Ford Mustang? Yes, you read that right. X user @Tutrifour recently shared a jaw-dropping video of his classic Mustang autonomously navigating streets using Tesla’s FSD software. In what he calls “probably the first non-Tesla running FSD,” this resto-mod blends vintage Detroit muscle with some of the most […]
Ford has completed the shipment of 139,935 complimentary Fast Charging Adapters to its U.S. electric vehicle customers, fulfilling its commitment to unlock broader access to Tesla’s Supercharger network. The initiative, launched in 2024, aimed to simplify charging for Ford EV owners. Each adapter shipped came with a message: “Our Gift, Just For You,” and a […]
Ford electric vehicle (EV) owners can now enjoy a smoother charging experience thanks to a new feature available through Apple Maps in CarPlay. Starting today, drivers of the Mustang Mach-E and F-150 Lightning can be automatically routed to Tesla’s North American Charging Standard (NACS) fast charging stations, including compatible Tesla Superchargers, during their trip planning. […]
