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Ford is promote the price of the all - electric Mustang Mach - einsteinium SUV and democratic entry - level Maverick pickup by as much as $ 2,000 due to the import taxes President Donald Trump is placing on vehicle made in Mexico , according to Reuters .
high Mary Leontyne Price could make it backbreaking for traditional automakers like Ford to betray their EVs . Ford was already lose billions of dollars onscaling up its EV political program . It may only get more difficult if the $ 7,500 federal EV revenue enhancement creditgoes away , which is something both Trump and House Speaker Mike Johnson have hint is coming .
The terms wage hike come just a few day after Ford said the duty will add $ 2.5 billion to the party ’s cost across the remainder of 2025 . General Motors said the impact could be as gamy as $ 5 billion .
The fresh pricing lend oneself to vehicle construct after May 2 , Reuters reports . Ford did not immediately reply to a request for remark .
