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Exclusive-Ford hikes prices on Mexico-produced models, citing tariffs

Published by Global Banking & Finance Review

Posted on May 7, 2025

1 min read

· Last updated: January 24, 2026

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Exclusive-Ford hikes prices on Mexico-produced models, citing tariffs
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Ford Increases Prices on Mexico-Made Models Due to Tariffs

By Nora Eckert

DETROIT (Reuters) -Ford Motor is hiking prices on three of its Mexico-produced models effective May 2, becoming one of the first major automakers to adjust sticker prices following U.S. President Donald Trump's tariffs.

Prices on the Mustang Mach-E electric SUV, Maverick pickup and Bronco Sport increased by as much as $2,000 on some models, according to a notice sent to dealers reviewed by Reuters.

(Reporting by Nora Eckert; Editing by Andrew Heavens)

Key Takeaways

  • Ford raises prices on three Mexico-produced models.
  • Price hikes effective May 2, 2023.
  • Models affected include Mustang Mach-E, Maverick, and Bronco Sport.
  • Price increases up to $2,000.
  • Response to U.S. tariffs under President Trump.

Frequently Asked Questions

What is the main topic?
The article discusses Ford's decision to raise prices on Mexico-produced models due to U.S. tariffs.
Which models are affected by the price hike?
The Mustang Mach-E, Maverick pickup, and Bronco Sport are affected.
Why is Ford raising prices?
Ford is responding to tariffs imposed by U.S. President Donald Trump.

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