Ford has slashed the price of the Mustang Mach-E electric model by $4.000. Price competition continues in the electric car market. American giant Ford has reduced the price of the Mustang Mach-E to compete after the price cuts of its rival Tesla.
Depending on the equipment of the vehicle, the company lowered the price between $3.000 and $4.000 (approximately 78.000 lira), with a decrease of nearly 8 percent. The Mach-E Premium price dropped from $50.995 to $46.995.
SALES DROPPED
Sales of the Mustang Mach-E fell in the United States. There was a 20 percent decrease in the first quarter.
FORD INCREASED ITS TURNOVER, DAMAGED BY ELECTRICITY
Ford Motor, the second largest automaker in the United States, increased its first-quarter revenue by 20% with sales of powerful trucks and SUVs. But the electric vehicle division continues to suffer.