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Ford hikes Mustang Mach-E price due to Trump’s tariffs

  • Ford is increasing the prices of the all-electric Mustang Mach-E SUV and Maverick pickup by up to $2,000 due to Trump's import taxes on vehicles made in Mexico.
  • Higher prices may make it challenging for traditional automakers like Ford to sell their electric vehicles, especially as they are already facing significant losses in their EV programs.
  • The tariffs imposed by Trump are expected to increase Ford's costs by $2.5 billion through 2025, with General Motors anticipating a potential impact of up to $5 billion.
  • The new pricing will affect vehicles manufactured after May 2, and Ford has not yet commented on the price hikes.

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