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Has Ford got cheap car fever? A $25K crossover is supposedly on the way.

Ford dealers were told about the new Escape-sized model; one of them spilled the beans.

Has Ford got cheap car fever? A $25K crossover is supposedly on the way.

Ford's pursuit of affordability has led to whispers of a new sub-$30,000 crossover on the horizon. This revelation, following the announcement of their electric truck named Fathom, emerges from a report in Automotive News. The crossover, expected to retail for approximately $25,000, is still years away from hitting the market, with a projected debut in 2029.

The source of the leak remains unidentified, but it was shared with other dealers who were given a sneak peek at an early prototype resembling a first-generation Ford Escape. The crossover is rumored to offer both hybrid and conventional engine options. Automotive News further reports that Ford plans to manufacture this hybrid crossover at its Hermosillo plant in Mexico, in parallel with the Bronco Sport and Maverick models.

The outlet also claims Ford has displayed a four-door Mustang, comparing its size and style to the Porsche Panamera but with a significantly lower starting price of under $40,000. Notably, this makes the Mustang nearly a third the cost of the least expensive Panamera. Lastly, the report suggests that the universal electric vehicle platform used to produce the Fathom will lead to the development of four additional electric Ford models.

Written by urgent.news from Ars Technica's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at arstechnica.com →

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