Has Ford got cheap car fever? A $25K crossover is supposedly on the way.
Summary
Ford is planning to launch a new affordable crossover vehicle priced around $25,000, expected in 2029. This car will come with hybrid and regular engine options and will be made at Ford’s plant in Mexico. Ford is also working on other new models including a low-priced electric truck and a four-door Mustang.Key Facts
- Ford’s new entry-level crossover will cost about $25,000 and arrive in 2029.
- The crossover will have both hybrid (combined gas and electric) and traditional engine options.
- Production will take place at Ford’s Hermosillo plant in Mexico.
- Ford recently revealed an affordable electric truck called the Fathom, priced under $30,000.
- The electric vehicle platform for the Fathom will be used to make four more electric Ford models.
- Ford also showed a four-door Mustang priced below $40,000, which is much cheaper than similar models like the Porsche Panamera.
- The average price of new vehicles is rising, with few options available under $30,000 currently.
- Ford did not officially comment on these future vehicle plans when contacted.
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