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Ford cuts prices of Mustang Mach-E after Tesla moves
Reuters ^ | May 2, 202311:28 AM CDT | By David Shepardson

Posted on 05/02/2023 12:38:08 PM PDT by Red Badger

WASHINGTON, May 2 (Reuters) - Ford Motor Co (F.N) said on Tuesday it is cutting prices on its Mustang Mach-E electric vehicle and reopening orders after a series of price cuts by rival Tesla Inc (TSLA.O), the second time it has reduced prices this year.

The No. 2 U.S. automaker said it is also increasing the range for standard-range battery models as it increases production in the second half of the year.

Ford said it is cutting most Mach-E prices by $3,000 or $4,000 depending on the version or by as much as 7.8%. The price of the Mach-E Premium rear-wheel drive version is dropping from $50,995 to $46,995.

Ford shares were down 2.7% at $11.73 at midday on Tuesday.

Last month, the federal EV tax credit for the Mach-E fell by half to $3,750 from $7,500 after new battery sourcing requirements took effect.

Mustang Mach-E U.S. sales fell 20% in the first three months of the year.

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Military/Veterans; Sports; Travel
KEYWORDS: driverreturnsonfoot; ev; ford; foundonroaddead; mache; mustang
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To: Chode

“when buying an ecar, you better buy as much performance as you can afford, cause there’s no adding it later...”

Absolutely false! EV’s, like ICE cars, are conservatively tuned for everyday driving and warranty considerations. Hackers are breaking the software to increase performance.


41 posted on 05/02/2023 2:09:58 PM PDT by TexasGator
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To: offduty

“We sold our BMW to Carvanna for more than we paid for it “

hmmmm

BMW’s have the worst resale value of any car.


42 posted on 05/02/2023 2:14:29 PM PDT by TexasGator
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To: V_TWIN
"Carroll Shelbys’ gotta be rolling over in his grave."

NOPE!


43 posted on 05/02/2023 2:16:58 PM PDT by TexasGator
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To: Red Badger

POS doesn’t even resemble a Mustang.


44 posted on 05/02/2023 2:35:38 PM PDT by Seruzawa ("The Political left is the Garden of Eden of incompetence" - Marx the Smarter (Groucho))
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To: 353FMG

My dad bought one. Landau roof. 120hp 6cyl 3 speed. Not a screamer. Kinda fun though.

You could get the same engines in the Falcon. Cheaper than a Mustang and you could still option the 271hp 289 v8. A real sleeper. Don’t forget to put sand bags in the trunk. Lol.


45 posted on 05/02/2023 2:46:36 PM PDT by Seruzawa ("The Political left is the Garden of Eden of incompetence" - Marx the Smarter (Groucho))
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To: desertsolitaire

Or their preferred solution for us:

DIE.


46 posted on 05/02/2023 2:48:36 PM PDT by Seruzawa ("The Political left is the Garden of Eden of incompetence" - Marx the Smarter (Groucho))
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To: Seruzawa
That's actually good advice for vehicles with light rear ends. Especially pickup trucks with big engines but nothing being hauled in the back. That rear end can be light as a feather compared to the power up front.

Fishtail like a spawning salmon...

When I lived up North and in Germany (yes, I brought my 89 F-150 with me) I'd throw in several bags of sand and kitty litter, line 'em up right over the rear axle. Great stuff if your tires spin on slick ice. Adds traction.

We hardly ever get snow or ice down here in South Alabama, but when we do, half the vehicles in ditches are pickups with nothing in the bed.

Dude swore he had in four-wheel drive, too!

47 posted on 05/02/2023 3:13:44 PM PDT by Alas Babylon! (Gov't declaring misinformation is tyranny: “Who determines what false information is?” )
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To: V_TWIN

Indeed No. 2 U.S. automaker


48 posted on 05/02/2023 3:37:00 PM PDT by Vaduz (....)
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To: TexasGator

sure on the track cause hacking voids warranty

how many will be willing to void the warranty on their daily driver?

you can change things on an ice car that won’t


49 posted on 05/02/2023 3:38:01 PM PDT by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
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To: Red Badger

I’ll wait for five to ten years and buy a used one......../not!


50 posted on 05/02/2023 3:40:40 PM PDT by Hot Tabasco (Mother said don't put beans in your ears)
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To: Red Badger

Wonder what the tax credit is for someone purchasing a used one.......(assuming someone is stupid enough to buy one)


51 posted on 05/02/2023 3:45:39 PM PDT by Hot Tabasco (Mother said don't put beans in your ears)
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To: Chode

So does modifying an ICE car.


52 posted on 05/02/2023 3:51:38 PM PDT by TexasGator
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To: Chode

“you can change things on an ice car that won’t”

Same as for EV’s.


53 posted on 05/02/2023 3:54:03 PM PDT by TexasGator
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To: TexasGator

honest question:what performance enhancements can you make?


54 posted on 05/02/2023 5:09:44 PM PDT by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
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To: Chode
"honest question:what performance enhancements can you make?"

Sky's the limit. 1400 h0 Mach-E.


55 posted on 05/02/2023 7:52:38 PM PDT by TexasGator
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To: Chode

1400 horsepower


56 posted on 05/02/2023 7:54:42 PM PDT by TexasGator
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To: Red Badger

IT’S NOT A MUSTANG!!!! AAAAAAAAHHHHHH!!!!!!


57 posted on 05/02/2023 8:19:15 PM PDT by HeadOn (Love God. Lead your family. Be a man.)
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To: Red Badger

Coyote, baby. 435Hp


58 posted on 05/02/2023 8:20:08 PM PDT by HeadOn (Love God. Lead your family. Be a man.)
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To: Tell It Right

Before the EV thing got serious, the noise was considered. Somebody suggested the sound the Jetsons’ flying car made. I think that’s the sound they need.


59 posted on 05/02/2023 8:24:51 PM PDT by HeadOn (Love God. Lead your family. Be a man.)
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To: V_TWIN

Funny how the price dropped almost to the dollar of the lost subsidy.

Some things make ya go HMMMM


60 posted on 05/02/2023 8:47:01 PM PDT by Don W (When blacks riot, neighborhoods and cities burn. When whites riot, nations and continents burn)
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