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Ford Raises Prices on Mexico-Built Models Following U.S. Tariffs

The automaker announces up to $2,000 price increases on three models, citing a mix of mid-year adjustments and the impact of new import duties.

The 2024 Ford Mustang Mach-E Rally's drivetrain, steering and suspension are electronically tuned for rally driving on mud and other low-traction surfaces.
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A Ford Mach-E at a Ford dealership in Colma, California.

Overview

  • Ford is increasing prices on the Mustang Mach-E, Maverick, and Bronco Sport models built in Mexico by up to $2,000 for vehicles produced after May 2.
  • The price hikes reflect typical mid-year adjustments combined with costs from the 25% U.S. tariff on imported vehicles, according to the company.
  • Vehicles subject to the new pricing will begin arriving at U.S. dealerships in late June, while current inventory remains unaffected.
  • Ford estimates a $1.5 billion tariff-related financial impact in 2025 and has suspended its annual earnings guidance due to ongoing uncertainty.
  • The company continues its employee-pricing program through July 4, offering consumer incentives to offset some of the increased costs.