silvrsvt Posted January 30, 2023 Share Posted January 30, 2023 Well the tweet was just deleted, but apparently they are increasing production for the 2023 Mach E. I'll post the new Tweet once its posted again. 1 Quote Link to comment Share on other sites More sharing options...
Taurus SHO Posted January 30, 2023 Share Posted January 30, 2023 Increasing production and dropping prices: Ford cuts price of EV Mustang Mach-E, following Tesla's cuts (cnbc.com) 2 Quote Link to comment Share on other sites More sharing options...
fuzzymoomoo Posted January 30, 2023 Share Posted January 30, 2023 Must be a contract year 2 Quote Link to comment Share on other sites More sharing options...
rperez817 Posted January 30, 2023 Share Posted January 30, 2023 Great to see Ford respond not only to the overwhelming demand for Mustang Mach-E, but at the same time making an attempt at price competitiveness with Tesla Model Y. 1 Quote Link to comment Share on other sites More sharing options...
Rick73 Posted January 30, 2023 Share Posted January 30, 2023 https://media.ford.com/content/fordmedia/fna/us/en/news/2023/01/30/ford-to-significantly-increase-production-of-mustang-mach-e-in-2.html 1 1 Quote Link to comment Share on other sites More sharing options...
rperez817 Posted January 30, 2023 Share Posted January 30, 2023 New pricing. 1 Quote Link to comment Share on other sites More sharing options...
rperez817 Posted January 30, 2023 Share Posted January 30, 2023 Ford is now competing with Tesla when it comes to servicing too. Not just for Mustang Mach-E but for all Ford vehicles. A few days ago they announced that "Ford customers nationwide now can enjoy complimentary Pickup & Delivery as well as expanded mobile services from participating dealers as part of the company’s increased commitment to enhancing the ownership experience." Ford Announces Nationwide Expansion of Complimentary Pickup & Delivery, Mobile Service for All Ford Customers | Ford Media Center 1 Quote Link to comment Share on other sites More sharing options...
GearheadGrrrl Posted January 30, 2023 Share Posted January 30, 2023 Ford had Tesla beat on service long ago- Nearest TSLA store is 180 miles away and they charge $100 minimum for labor and $1/mile both ways, add the sales tax and it costs $500 for the simplest TSLA service here. Ford has three EV certified dealers within 50 miles... No way would I buy a Tesla here! 1 Quote Link to comment Share on other sites More sharing options...
fordmantpw Posted January 30, 2023 Share Posted January 30, 2023 Our dealership leaves our vehicles a filthy mess if we drop it off just for an oil change. Ain't no freaking way they're picking it up too! My wife works 2 blocks from the dealership, so she drops it off and walks to work. And lets them know every single time that she would like for it to be kept clean and to avoid leaving greasy hand prints like they did on the (cloth) seats and headliner in the Milan. Ugh! Problem is, we get the same thing no matter where we go, and I just don't want to deal with changing my own oil anymore. 1 Quote Link to comment Share on other sites More sharing options...
Gurgeh Posted January 30, 2023 Share Posted January 30, 2023 5 hours ago, rperez817 said: Ford is now competing with Tesla when it comes to servicing too. Not just for Mustang Mach-E but for all Ford vehicles. A few days ago they announced that "Ford customers nationwide now can enjoy complimentary Pickup & Delivery as well as expanded mobile services from participating dealers as part of the company’s increased commitment to enhancing the ownership experience." Ford Announces Nationwide Expansion of Complimentary Pickup & Delivery, Mobile Service for All Ford Customers | Ford Media Center Those dreaded words... 1 Quote Link to comment Share on other sites More sharing options...
rmc523 Posted January 30, 2023 Share Posted January 30, 2023 4 hours ago, fordmantpw said: Our dealership leaves our vehicles a filthy mess if we drop it off just for an oil change. Ain't no freaking way they're picking it up too! My wife works 2 blocks from the dealership, so she drops it off and walks to work. And lets them know every single time that she would like for it to be kept clean and to avoid leaving greasy hand prints like they did on the (cloth) seats and headliner in the Milan. Ugh! Problem is, we get the same thing no matter where we go, and I just don't want to deal with changing my own oil anymore. agreed. a Lincoln rep might be different as I’d assume they’re held to a higher standard, but not sure I’d want that for Ford service. Quote Link to comment Share on other sites More sharing options...
ausrutherford Posted January 31, 2023 Share Posted January 31, 2023 4 hours ago, Gurgeh said: Those dreaded words... I did it just a few days ago. Quite easy. 2 Quote Link to comment Share on other sites More sharing options...
rperez817 Posted February 1, 2023 Share Posted February 1, 2023 Analysts at Bank of America say that both Ford's and Tesla's recent price cuts "make no sense". Tesla and Ford's Price Cuts Make No Sense but Musk Has an Edge: BofA (businessinsider.com) Tesla kicked off 2023 by slashing the price of its vehicles by as much as 20%, and this week Ford did the same for its electric Mustang Mach-E model range. Neither move made much sense, according to Bank of America, though Tesla still holds a near-term advantage, the bank analysts said. "The logic appears odd to us," strategists wrote in a Tuesday note. "Both TSLA and Ford are citing demand that exceeds supply, which means that cutting prices would be a direct hit to the bottom line today and unnecessarily degrades future earnings power." Quote Link to comment Share on other sites More sharing options...
blwnsmoke Posted February 3, 2023 Share Posted February 3, 2023 Make no sense? How about interest rates are going through the roof, a recession is here.. people are not spending like they used to and now they are trying to cut prices to get sales. Many manufacturers are running rebates.. Ford is offering $4k+ rebates on vehicles like the Explorer, VW is offering a $3k rebate on a new VW. The cost of EV continue to increase and are turning many away that were potentially interested. Quote Link to comment Share on other sites More sharing options...
rperez817 Posted February 3, 2023 Share Posted February 3, 2023 2 hours ago, blwnsmoke said: How about interest rates are going through the roof, a recession is here.. people are not spending like they used to and now they are trying to cut prices to get sales. Those are macroeconomic factors that impact the entire global industry. I think that's why the BOA analysts are concerned with Ford cutting prices for Mustang Mach-E the way it did. Ford's financial position is relatively weak compared to competitors like GM and VW, neither of which has taken similar pricing actions on BEV in response to Tesla. Jim Farley pretty much confirmed in the Q4 2022 earnings call today that the company unnecessarily degraded its earnings power last year. Ford posts lower profit, issues downbeat outlook; shares drop | Reuters "We should have done much better last year," Ford CEO Jim Farley said in a statement. “We left about $2 billion in profits on the table that were within our control." In an analyst call, Farley added: "We have deeply entrenched issues in our industrial system," saying "this has been humbling for both me and my team." Quote Link to comment Share on other sites More sharing options...
jpd80 Posted February 3, 2023 Share Posted February 3, 2023 (edited) I’m 100% for Ford pressing harder with Mach E, it’s one way of showing Ford competing directly with Tesla and that is an important perception in US, Europe and China. Ford has to be seen competing with Tesla Mach E and a compact crossover would help big time. Edited February 3, 2023 by jpd80 1 Quote Link to comment Share on other sites More sharing options...
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