Last week, Ford announced price hikes between $6,000 and $8,500 for most of its lineup for F-150 Lightning electric vehicles, while General Motors upped its electric Hummer cost by $6,250 last month. Both companies blamed higher production costs for the price increases."Due to significant material cost increases and other factors, Ford has adjusted MSRP starting with the opening of the next wave of F-150 Lightning orders," Ford explained in a press release.
As a result of their price increases, some of the Ford and General Motors electric vehicles subjected to the price hikes will top the cap and therefore be ineligible for the tax credit. For example, the big-battery version of the Ford F-150 Lariat now costs $87,769, up $8,500, Car and Driver reported.
Ford GM Cold day in hell before I buy a newly price increased vehicle from either gouging company. They “just happened” to announce prices after it became clear about the tax credits. Unamerican
Ford GM Somehow Ford and GM saw that $7500 credit coming. Funny how their price increases were in that ballpark.
Ford GM They raised the prices BECAUSE of the 'Inflation Reduction Act'. They're the ones getting the $. The people will just pay for more inflation. Time to buy some stocks from Ford. It's going to be a good quarter or two...
Ford GM
Ford GM What a scam.
Ford GM