After Tesla, Ford Also Discounted Its Cars

After Tesla, Ford also decided to make a discount on the electric car side. The company’s popular electric SUV, the Mustang Mach-E, has been reduced by up to $6,000 in the US price.

As the competition for electric cars heats up rapidly, Tesla recently made a significant change in its pricing policy. The company under the management of Elon Musk went to discounts of thousands of dollars on its cars after the availability of vehicles decreased.

Now, a similar move has come from the US-based automaker Ford. The giant company was first introduced in the past years. electric SUV Mustang Mach’e cuts US prices explained. This move by the company comes after a price hike to the model in August.

Up to $6,000 discount on Mustang Mach-E

The price of the electric model with the decision of Ford up to 9% rate fell. Looking at all packages, it was stated that the average discount was 6%. For example, the most expensive package, the GT Extended Range Mach-E, costs $69,895. It fell to $63,995. The cheapest package is $46,895. dropped to $45,995 seen.

In addition, the company said that it will increase the production capacity of the Mustang Mach-E during the year. Accordingly, this year Production of 130,000 vehicles is aimed. The previous target was 78 thousand. Ford executive Marin Gjaja also said in a statement on the subject, “We are responding to changes in the market and we want to remain competitive.” said.

Ford’s move came after the start of discount decisions in the electric car market. After the Tesla discount, many experts said that price decreases could be seen in the sector. Tesla was at the top of the USA’s best-selling electric vehicle lists with its Model 3 and Model Y cars. Ford with Mustang Mach-E third place was located.

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Ford Mustang Mach-E in our country this year. expected to arrive. We do not have exact information about the price; however, we can guess that the discount may be reflected in our country as tens of thousands of liras. Let us state again that the lowest model of the car sold in the USA is $ 46,895 (881 thousand 841 TL without tax).

Source :
https://markets.businessinsider.com/news/stocks/ford-stock-price-mustang-mach-price-cut-response-tesla-musk-2023-1


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