Fleet News

New Fiesta flies in face of price cut pressure

FORD has defied calls for car manufacturers to reduce the price of new vehicles in the UK and bring them into line with European markets by launching the latest Fiesta at a higher price than the outgoing variant. Across the 13-model new Fiesta range, the price has been increased by £50 compared to its predecessor.

This confirms reports that far from bowing to pressure from the Consumers' Association, which claims UK car buyers are being 'ripped off' by manufacturers and believes prices should reduce, Ford believes customers should pay for a 'better and more highly equipped car'. It is also rumoured that a Fiesta price increase would lead to similar increases for Mondeo and Focus in the new year.

Ford has refused to comment on how the UK cost of the Fiesta will compare to foreign markets. A spokeswoman said: 'The new Fiesta comes with a lot more standard equipment which will be evident when we show the car at next week's London Motor Show. It is excellent value for money. We don't even know how much it will cost abroad or what the spec level will be. But in the UK it's competitively priced.'

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment

Comments

No comments have been made yet.

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee