logo
Ford Hikes Mexico-Built Vehicle Prices as Tariffs Take Hold, But Keeps Discount Through July 4

Ford Hikes Mexico-Built Vehicle Prices as Tariffs Take Hold, But Keeps Discount Through July 4

Epoch Times07-05-2025
Ford Motor Co. has increased prices on several Mexican-built vehicles by $600 to $2,000, citing a combination of standard midyear pricing adjustments and new U.S. auto tariffs.
The price hikes apply to the Maverick pickup, Bronco Sport SUV, and Mustang Mach-E crossover, with affected vehicles expected to reach dealerships in late June, a company spokesperson told The Epoch Times in a written statement.
'This is our usual mid-year pricing actions combined with some tariffs we are facing,' said Ford spokesman Said Deep. 'We have not passed on the full cost of tariffs to our customers. Our approach throughout this evolving situation continues to be doing what's right for our customers–and our business.'
Ford has not disclosed how much of the price hike can be attributed to the Trump administration's new tariff policy, which imposes a 25 percent levy on many foreign-built vehicles and parts. Despite the added costs, Said noted that Ford is
'While we amended prices, this does not impact vehicles in dealer inventory,' the spokesperson said. 'Our employee pricing program–From America, For America—continues through July 4th and our dealers have great stock and plenty of vehicles for our customers to choose from.'
The move comes as Ford on Monday
Related Stories
5/2/2025
5/1/2025
Executives said higher U.S. content gives Ford a competitive edge under the new tariff policy, which targets foreign-built vehicles and parts. Ford CEO Jim Farley
'It's still too early to fully understand our competitors' responses to these tariffs,' Farley said on the call.
'It's also early to gauge the related market dynamics, including the potential industrywide supply chain disruptions and the impact of Ford's domestic manufacturing advantages. And as a result, we've decided to suspend our guidance.
'It's clear, however, that in this new environment ... automakers with the largest U.S. footprint will have a big advantage, and boy, is that true for Ford. It puts us in the pole position.'
Ford on Monday
On the call with analysts, Farley said Ford is evaluating near-term steps to boost the use of U.S.-made parts across its lineup, including the F-150, Mustang, Taurus, and electric and hybrid models.
As part of that shift, Ford has halted vehicle exports to China but will continue using the country as a trade hub for countries in the Asia-Pacific region and other markets with favorable U.S. trade ties.
'Looking ahead, even though nearly 80 percent of our parts that we use in the U.S. are USMCA compliant, we are looking for opportunities where it makes sense to develop local supply chains,' Farley said. 'Relative to adding manufacturing capacity in the U.S., for Ford, this is a continuation, not a course correction.'
President Donald Trump has said that one of the objectives of the new tariff policy is to encourage domestic manufacturing.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Results, points after Richmond Raceway as Austin Dillon wins again on the short track
Results, points after Richmond Raceway as Austin Dillon wins again on the short track

NBC Sports

time2 hours ago

  • NBC Sports

Results, points after Richmond Raceway as Austin Dillon wins again on the short track

Austin Dillon ended a 37-race winless streak with his second consecutive victory at Richmond Raceway. With his sixth career victory in the No. 3 Chevrolet, the Richard Childress Racing driver became the 14th race winner to lock into the 2025 NASCAR Cup Series playoffs. The win was the first top five of the season for Dillon, whose previous best finish wsa a seventh at Texas Motor Speedway in may. MORE: Click here for Richmond results l Click here for the cumulative report l Click here for race notes l Click here for the penalty report MORE: Click here for Cup driver points l Click here for Cup owner points Richmond becomes the second track with multiple wins for Dillon, who also has two victories at Daytona International Speedway. Aside from winning the 2018 Daytona 500 season opener, five of his six Cup wins have come after entering a race below the playoff cutline. It's the first victory this season for RCR and its 118th in NASCAR's premier series. Alex Bowman finished second, and Ryan Blaney took third (his first top five at Richmond). William Byron clinched the regular-season points championship with a 12th-place finish. In the points standings, Tyler Reddick (plus-89 points) and Alex Bowman (plus-60 over Chris Buescher) are in the final two provisional playoff spots entering the regular-season finale at Daytona International Speedway. Here's the finishing order at Richmond Raceway: 1. Austin Dillon, No. 3 Chevrolet 2. Alex Bowman, No. 48 Chevrolet 3. Ryan Blaney, No. 12 Ford 4. Joey Logano, No. 22 Ford 5. Austin Cindric, No. 2 Ford 6. Kyle Larson, No. 5 Chevrolet 7. Daniel Suarez, No. 99 Chevrolet 8. Josh Berry, No. 21 Ford 9. Brad Keselowski, No. 6 Ford 10. Denny Hamlin, No. 11 Toyota 11. Zane Smith, No. 38 Ford 12. William Byron, No. 24 Chevrolet 13. Chase Briscoe, No. 19 Toyota 14. Shane Van Gisbergen, No. 88 Chevrolet 15. Carson Hocevar, No. 77 Chevrolet 16. Kyle Busch, No. 8 Chevrolet 17. Michael McDowell, No. 71 Chevrolet 18. Ty Gibbs, No. 54 Toyota 19. Ross Chastain, No. 1 Chevrolet 20. Ty Dillon, No. 10 Chevrolet 21. Christopher Bell, No. 20 Toyota 22. AJ Allmendinger, No. 16 Chevrolet 23. Ricky Stenhouse Jr., No. 47 Chevrolet 24. Cole Custer, No. 41 Ford 25. Todd Gilliland, No. 34 Ford 26. Erik Jones, No. 43 Toyota 27. Noah Gragson, No. 4 Ford 28. Bubba Wallace, No. 23 Toyota 29. Corey Heim, No. 67 Toyota 30. Chris Buescher, No. 17 Ford 31. Riley Herbst, No. 35 Toyota 32. Cody Ware, No. 51 Ford 33. Jesse Love, No. 33 Chevrolet 34. Tyler Reddick, No. 45 Toyota 35. Ryan Preece, No. 60 Ford 36. John Hunter Nemechek, No. 42 Toyota 37. Justin Haley, No. 7 Chevrolet 38. Chase Elliott, No. 9 Chevrolet

'Breakthrough EVs': Ford Stock (NYSE:F) Notches Up on New Battery Details
'Breakthrough EVs': Ford Stock (NYSE:F) Notches Up on New Battery Details

Business Insider

time5 hours ago

  • Business Insider

'Breakthrough EVs': Ford Stock (NYSE:F) Notches Up on New Battery Details

An electric vehicle (EV) is only as good as its battery, at the end of the day. Legacy automaker Ford (F) is likely aware of this, and has a novel new prospect coming as a result. The new line of EVs Ford has on tap will have an unexpected feature: a much smaller battery. But this is less a problem than you may think. In fact, Ford stock is up fractionally in Friday afternoon's trading. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. So how does a smaller battery win Ford's new EV line any friends? As it turns out, the smaller battery will produce a car with a similar range as those cars with bigger batteries. The battery in question will offer 51 kilowatt-hours of power, which is only about half the size of the batteries currently found in the F-150 Lightning. But if Ford can make an EV that gets the necessary 250-300 mile per charge range that most electric vehicles consider 'table stakes' these days, Ford might be able to make lighter-weight vehicles that are also less expensive, a combination that is only too important in a time when everyone is still feeling the inflationary pinch that started a few years ago and has yet to relent. 'Liquid Carbon' Mustang Of course, Ford is not all about electric vehicles; EVs represent a small portion of Ford's total sales, as gas engines still rule the day. And new reports about the Ford Mustang GTD 'Liquid Carbon' are already delivering some impressive visuals of the kind that might make Porsche (POAHY) quake in fear. Indeed, the GTD Liquid Carbon does look a lot like a 911 GT3 RS. Moreover, it is also a car that has bypassed the paint process and instead stuck with bonded carbon fiber all around. It is not all about looks, though, as reports note the GTD Liquid Carbon features a 'Performance' pack as a standard edition, complete with a DRS flap on the rear win, dive planes, and a 'bigger splitter,' all of which adds up to Ford living up to its promise of ' no boring cars.' Is Ford Stock a Good Buy Right Now? Turning to Wall Street, analysts have a Hold consensus rating on F stock based on two Buys, nine Holds and three Sells assigned in the past three months, as indicated by the graphic below. After a 8.85% rally in its share price over the past year, the average F price target of $10.74 per share implies 6.24% downside risk.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store