have also raised prices for their vehicles this year, squeezed by tough economic conditions that have been worsened by the Russian invasion of Ukraine.for its F-150 Lightning lineup for the first time since it was revealed last year, by a range of $6,000 and $8,500 depending on the variant.
The Pro model, the cheapest of the variants, was priced nearly 18% higher than before, amid a surge in costs of raw materials such as lithium that is used in EV batteries. The Ford spokesperson said those who have already scheduled their order, including commercial and government customers, will not be affected by the latest hike.
On Tuesday, Ford reported strong demand for new vehicles in the United States, saying retail orders were rapidly expanding, but warned that supply issues continued to weigh on sales. Demand for cars and trucks may lose steam in the coming quarters as rising interest rates discourage consumers from paying more money for vehicles, analysts have said.Reporting by Niket Nishant in Bengaluru and David Shepardson in Washington, D.C.; Editing by Shailesh Kuber
Can’t even tow with it.
Or their fake low price was never a reasonable expectation.
Who would be dumb enough to to buy one as they can’t even pull a small trailer
It's funny how the government wants to subsidize electric vehicles by giving people $6,000 tax credit for one. Then Ford in GM turn around and raise the price of their electric vehicles by $6,500... Amazing.
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