Ford said it wants to stay competitive in the marketplace.
The company also said it was expanding the production capacity for the Mach-E, opening new space in its factory and adding new equipment. As such, Ford says it expects to produce 130,000 vehicles for customers in North America and Europe this year, up from a previous target of 78,000.
Car buyers can be excused for feeling as if they are on a price rollercoaster given all the changes they’ve had to absorb over the past few months. Just last August,by as much as $10,000 on some trims, citing increased material costs and supply chain constraints. Now, the price is coming down, right on the heels of a major price cut from Tesla.
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