Ford to Increase Prices on Three Mexico-Made Models: Report

Ford has raised prices on three of its vehicles produced in Mexico, including the Mustang Mach-E electric SUV, Maverick pick-up, and Bronco Sport, following U.S. President Trump's tariffs. The price increases, up to $2,000 on some models, apply to vehicles produced on May 2 or later. Ford expects the trade war to add $2.5 billion in costs for 2025, though it aims to reduce exposure by $1 billion. Unlike some competitors, Ford benefits from a strong U.S. manufacturing base, assembling 79% of its vehicles domestically. The move reflects broader pricing pressure faced by automakers due to tariffs on imports.