Free Republic

WASHINGTON, May 2 (Reuters) - Ford Motor Co (F.N) said on Tuesday it is cutting prices on its Mustang Mach-E electric vehicle and reopening orders after a series of price cuts by rival Tesla Inc (TSLA.O), the second time it has reduced prices this year. The No. 2 U.S. automaker said it is also increasing the range for standard-range battery models as it increases production in the second half of the year. Ford said it is cutting most Mach-E prices by $3,000 or $4,000 depending on the version or by as much as 7.8%. The price of the Mach-E Premium...

Ford Motor Co.’s hot-selling Mustang Mach-E electric SUV and other plug-in models are being rendered unprofitable by rising raw material costs. “We actually had a positive bottom line profit when we launched the Mach-E, commodity costs have wiped that out,” Chief Financial Officer John Lawler said Wednesday at the Deutsche Bank Global Automotive Conference, referring to 2020, when the vehicle went on sale. “You’re going to see pressure on the bottom line when we launch our EVs, they’re not going to be positive.”

Over the automotive industry’s 100+ year history, companies such as Ford, Chevrolet, and Mercedes-Benz have produced some truly iconic cars.Whether they’re designed for excitement, luxury, or just simple transportation, Visual Capitalist's Marcus Lu notes that these vehicles offer a set of features that make them highly desirable to consumers. The most successful models will undergo numerous revisions over time, sometimes sticking around for many decades.To learn more, this graphic from Alan’s Factory Outlet lists the 35 vehicles with the longest production runs of all time. Here are the top 10 below.As we can see, successful models come in many shapes...

As is the case in other electric cars, the Mustang Mach-E keeps its 12-volt lead-acid battery topped up by essentially sipping power from the much larger lithium-ion battery pack. Based on owners’ accounts across multiple forum threads, including one who spoke to The Verge, the problem is this stops happening whenever the Mustang Mach-E is plugged in to charge up the larger battery pack.That is especially an issue for owners in areas with cold weather, as Ford encourages them to leave their Mustang Mach-Es plugged in so the SUVs can use power from the grid to warm up before driving.FORD...