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Ford Raises Prices on Mexico-Made Models Following Tariff Impact

The automaker increases sticker prices by up to $2,000 on three models while absorbing part of the tariff costs.

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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Ford logo close up
A Ford Mach-E at a Ford dealership in Colma, California.

Overview

  • Ford has implemented price hikes of up to $2,000 on the Mustang Mach-E, Maverick, and Bronco Sport models built after May 2, which will arrive in dealerships by late June.
  • The company attributes the increases to a combination of routine mid-year pricing adjustments and the 25% tariff on imported vehicles imposed by the Trump administration in late March.
  • Ford estimates the tariffs will cost the company $1.5 billion in 2025 and has suspended its annual earnings guidance due to ongoing trade policy uncertainty.
  • To support customers, Ford is offering an employee-pricing incentive through July 4, providing significant savings on its vehicles.
  • The broader auto industry is grappling with the tariffs, with competitors like Hyundai and BMW planning U.S. manufacturing investments to reduce import reliance.