Ford cuts price on Mustang Mach-E after Tesla price cuts
The Detroit automaker increasing production of the Mach-E this year and is taking advantage of streamlined costs to reduce prices across the board, it said Monday.
The price cuts are part of Ford's plan to keep the SUV competitive in a fast-changing market, it said in a prepared statement.
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The price of a base rear-wheel-drive standard range Mach-E will drop $900, from $46,895 to $45,995. The top-end GT extended range will fall $5,900, from $69,895 to $63,995. The prices don't include shipping, government fees or taxes.