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Ford and GM follow Tesla's lead and wade into China price war by offering big discounts to boost sales, report says

3 days ago   |   By Business Insider

Ford has cut the Mustang Mach-E by about $6,000. Getty Images
Ford and GM are among dozens of carmakers offering deep discounts on cars in China to boost sales.
Ford is offering $6,000 off the Mustang Mach-E to Chinese buyers, The Wall Street Journal reported.
Tesla was among the first to slash its prices after China ended its electric vehicle subsidies.
Ford and GM are cutting prices in China to boost sales following the abolition of subsidies for electric vehicles, The Wall Street Journal reported. The American giants are among a growing list of manufacturers slashing prices to stimulate...
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The best used cars under $15,000, according to Consumer Reports

4 days ago   |   By Business Insider

The best used cars under $15,000 include the Ford C-Max, Toyota Prius C, and Nissan Murano. Ford
The pandemic sent prices for used and new cars soaring.
It's more important than ever to choose a model that will last and perform well.
Consumer Reports listed the best used cars at every price point. We picked the cheapest ones.
You used to be able to pick up a decent used car for just a few thousand dollars. Inventory issues in the auto industry and stubbornly high car prices mean those days are over. A used-car lot. Justin Sullivan/Getty Images So it's more important than ever to shop...
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