Ford: if more Americans knew we're fuel efficient, we could raise prices
Yes, despite millions of dollars spent developing Ecoboost and on advertising things like the "Four in the forties" campaign, Ford isn't able to charge what it wants for its vehicles because of poor impressions of the brand's mileage ratings. As Farley said, "Fuel economy is ground zero in pricing power in the U.S. for Ford. ... Those that own fuel economy in the U.S. own pricing."
This is an argument we haven't heard before, but it's an interesting one. We like to think that efficient cars are good for their own sake – and the sake of the environment and national security, of course – but if Ford wants to make greener cars to charge more green, well, then, that's cool, too. Right?
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