Ford Raises Prices on Mexican-Made Vehicles Due to Tariffs
Ford’s recent price hike on three of its Mexico-produced models—the Mustang Mach-E, Maverick pickup, and Bronco Sport—is a stark illustration of the lingering effects of past trade policies. The increases, reaching as much as $2,000 on certain models, are explicitly attributed to tariffs, making Ford one of the first major automakers to directly pass these costs onto consumers. This decision comes on the heels of Ford’s announcement that the effects of these tariffs would add approximately $2.5 billion to their overall costs by 2025, leading to a suspension of their annual earnings guidance. The ripple effect is undeniable, and it’s prompting serious concerns about the affordability and accessibility of vehicles for many consumers.… Continue reading
Matt Underwood