Ford Raises Prices on Mexico-Made Models by as Much as $2,000

Ford Motor Co. is boosting sticker prices on models it builds in Mexico by as much as $2,000 even after its top executive said it would hold the line on pricing to see how rivals would react to President Donald Trump’s 25% auto tariffs.

The increases are effective May 2 and affect newly-built Maverick small pickups, Bronco Sport compact sport-utility vehicles and the electric Mustang Mach-E, according to a company memo to dealers seen by Bloomberg News.