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<blockquote data-quote="Weather Man" data-source="post: 16837016" data-attributes="member: 137766"><p><h3>Ford slashes prices of Mustang Mach-E in China</h3><p>Oct. 31, 2022 5:42 AM ET<a href="https://seekingalpha.com/symbol/F?source=content_type%3Areact%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cfirst_level_url%3Anews%7Csymbol%3AF" target="_blank">Ford Motor Company (F)</a><a href="https://seekingalpha.com/symbol/TSLA?source=content_type%3Areact%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cfirst_level_url%3Anews%7Csymbol%3ATSLA" target="_blank">TSLA</a>By: <a href="https://seekingalpha.com/user/54434154/profile?source=content_type%3Areact%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cbutton%3Aauthor_name%7Cfirst_level_url%3Anews" target="_blank">Preeti Singh</a>, SA News Editor<a href="https://seekingalpha.com/news/3897601-ford-slashes-prices-of-mustang-mach-e-in-china#comments" target="_blank">4 Comments</a></p><p></p><p><img src="https://static.seekingalpha.com/cdn/s3/uploads/getty_images/459014867/image_459014867.jpg?io=getty-c-w750" alt="Ford" class="fr-fic fr-dii fr-draggable " style="" /></p><p>fredrocko/iStock Unreleased via Getty Images</p><p></p><ul> <li data-xf-list-type="ul">Ford (NYSE:<a href="https://seekingalpha.com/symbol/F?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews" target="_blank">F</a>) has slashed the price of its Mustang Mach-E models in China by as much as RMB 28K, CnEVPost <a href="https://cnevpost.com/2022/10/31/ford-cuts-mustang-mach-e-prices-in-china/" target="_blank">reported </a>on Monday.</li> <li data-xf-list-type="ul">According to an announcement from the company's China EV division, the entire Ford Mustang Mach-E lineup will undergo a price adjustment starting Oct. 31, 2022.</li> <li data-xf-list-type="ul">The Mach-E, which comes in four versions, will be priced between RMB 249,900 to RMB 369,900, down from the previous range of RMB 275,900 to RMB 389,900.</li> <li data-xf-list-type="ul">The price adjustments come after Tesla (<a href="https://seekingalpha.com/symbol/TSLA?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews" target="_blank">TSLA</a>) also cut prices in the country. The Mach-E is a competitor to Tesla's Model Y.</li> <li data-xf-list-type="ul">Tesla (<a href="https://seekingalpha.com/symbol/TSLA?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews" target="_blank">TSLA</a>) lowered prices of its Model 3 and Model Y range in China with the entry-level cost going down from RMB 316,900 to RMB 288,900.</li> </ul></blockquote><p></p>
[QUOTE="Weather Man, post: 16837016, member: 137766"] [HEADING=2]Ford slashes prices of Mustang Mach-E in China[/HEADING] Oct. 31, 2022 5:42 AM ET[URL='https://seekingalpha.com/symbol/F?source=content_type%3Areact%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cfirst_level_url%3Anews%7Csymbol%3AF']Ford Motor Company (F)[/URL][URL='https://seekingalpha.com/symbol/TSLA?source=content_type%3Areact%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cfirst_level_url%3Anews%7Csymbol%3ATSLA']TSLA[/URL]By: [URL='https://seekingalpha.com/user/54434154/profile?source=content_type%3Areact%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cbutton%3Aauthor_name%7Cfirst_level_url%3Anews']Preeti Singh[/URL], SA News Editor[URL='https://seekingalpha.com/news/3897601-ford-slashes-prices-of-mustang-mach-e-in-china#comments']4 Comments[/URL] [IMG alt="Ford"]https://static.seekingalpha.com/cdn/s3/uploads/getty_images/459014867/image_459014867.jpg?io=getty-c-w750[/IMG] fredrocko/iStock Unreleased via Getty Images [LIST] [*]Ford (NYSE:[URL='https://seekingalpha.com/symbol/F?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews']F[/URL]) has slashed the price of its Mustang Mach-E models in China by as much as RMB 28K, CnEVPost [URL='https://cnevpost.com/2022/10/31/ford-cuts-mustang-mach-e-prices-in-china/']reported [/URL]on Monday. [*]According to an announcement from the company's China EV division, the entire Ford Mustang Mach-E lineup will undergo a price adjustment starting Oct. 31, 2022. [*]The Mach-E, which comes in four versions, will be priced between RMB 249,900 to RMB 369,900, down from the previous range of RMB 275,900 to RMB 389,900. [*]The price adjustments come after Tesla ([URL='https://seekingalpha.com/symbol/TSLA?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews']TSLA[/URL]) also cut prices in the country. The Mach-E is a competitor to Tesla's Model Y. [*]Tesla ([URL='https://seekingalpha.com/symbol/TSLA?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews']TSLA[/URL]) lowered prices of its Model 3 and Model Y range in China with the entry-level cost going down from RMB 316,900 to RMB 288,900. [/LIST] [/QUOTE]
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