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2021 Ford Mustang Mach-E getting a price cut before it even reaches dealerships

If you've got a reservation, you can now order your 2021 Ford Mustang Mach-E.

Photo courtesy of Ford Motor Company

In a memo to dealers, Ford has announced that it is lowering the manufacturer's suggested retail price (MSRP) of its 2021 Ford Mustang Mach-E, the long-awaited all-electric crossover.

According to a post on the Mach-E forum, the price of the Mustang Mach-E will be $1,000 to $3,000 less than initially promoted. The memo states that the Mustang Mach-E Premium will be $3,000 lower than initially anticipated with the all-wheel drive version dropping to $50,800 and rear-wheel drive model now coming in at $48,100.

2021 Ford Mustang Mach-E The Ford Mustang Mach-E will begin arriving at dealership lots soon. Photo courtesy of Ford Motor Company

The Mach-E First Edition, a sold-out top-of-the-line model, will get a $1,000 price deduction. That same drop applies to the Mach-E Select, the base model. That base model has a 230-mile range. Higher price point versions of the Mach-E can achieve up to 300 miles of range.

The price of each vehicle includes a $1,100 delivery charge. Customers are eligible to receive a $7,500 federal tax credit with purchase.

Pricing will apply to all models that have been ordered since the Mach-E was unveiled at the 2019 L.A. Auto Show. The first deliveries of the crossover are expected to arrive in customer hands later this year.

How does the new price compare? The freshly-unveiled Volkswagen ID.4 will start at $41,990 including the cost of delivery, making it about $2,000 less than the new price of the Mach-E Select, which comes in at $43,995 for front-wheel drive models and $46,695 for all-wheel drive variants. The ID.4 will get up to 250 miles on a single charge.

The Tesla Model Y comes in at $49,990 but has more range than the Mustang Mach-E at 316 miles on a single charge and comes standard with all-wheel drive.

Ford and Volkswagen vehicles will rely on private charging opportunities. Both companies have recently announced partnerships with Electrify America, which has two cross-country charging routes available and is working to rapidly install charging stations at private enterprises and in public spaces nationwide.

Volkswagen ID.4 buyers get three years of free charging with purchase. Mustang Mach-E owners get 250-kilowatt-hours of free charging when they buy a Mach-E.

Tesla has a fully built-out electric vehicle charging infrastructure that allows for fast charging of the Model Y. With that capability it can relain 158 miles of charge in just 15 minutes while at a Supercharger. There are 17,000 Superchargers worldwide and six new locations open each week according to the Tesla website.

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The Bugatti Bolide is a concept car that pushes the limits of what is possible for the super luxury automaker.

Photo courtesy of Bugatti

What if Bugatti developed a track-focused hyper sports car? Lotus is doing it. So is McLaren. Ferrari and Lamborghini? Been there, done that.

The Bugatti Bolide concept car pushes the limits of what Bugatti is capable of. It's derived from production cars but doesn't stick to the formula. It has a weight-to-power ratio of only 0.67 kilograms per horsepower.

"Bugatti stands for the continuous quest for technological innovations – in alignment with the company's brand values of excellence, courage, dedication. And Bugatti never stands still. We are perpetually aiming for new and exciting goals, and the question that we always keep in mind is: what if?" said Stephan Winkelmann, President of Bugatti.

Bugatti Bolide The car takes its design inspiration from historic planes.Photo courtesy of Bugatti

In the concept, Bugatti has used its 8.0-liter W16 engine, which delivers 1,850 PS (1,824 horsepower) and 1,805 nM (1,364 pound-feet) of torque to move the Bolide1's 1,240-kilogram (2,733-pound) body. Bugatti clocks the model's top speed as being almost on-par with that of Formula One cars, well above 500 kilometers per hour (310 mph) and confirms that the weight and speed do not impact the car's agility.

The Bolide takes 3:07.1 minutes to complete a lap of Le Mans and 5:23.1 minutes to get around the Nordschleife.

"We asked ourselves how we could realize the mighty W16 engine as a technical symbol of the brand in its purest form – with solely four wheels, engine, gearbox, steering wheel and, as the only luxury, two seats," said Winkelmann.

"Important aspects of our considerations were fine-tuning our iconic powertrain without any limitations as regards the weight-to-power ratio. These considerations resulted in the Bugatti Bolide. An uncompromising experiment, a thoroughbred, a Pur Sang that, in its brute exclusivity, impresses above all with high performance, low weight, and a driving experience in a whole new dimension. Driving the Bolide is like riding on a cannonball."

Bugatti Bolide The front of the car is very familiar to Bugatti fans.Photo courtesy of Bugatti

Importantly, the car meets FIA's safety requirements. These include HANS device compatibility, an automatic fire extinguishing system, a towing device, pressure refuelling with fuel bladder, central locks for the wheels, lightweight polycarbonate windows, and a six-point harness system.

"All of Bugatti's expertise has been condensed into the Bugatti Bolide. It is therefore an innovative information source for future technologies. The Bolide is thus more than just an intellectual exercise," said Stefan Ellrott, member of the Board of Management of Bugatti and Head of Technical Development.

"In terms of technology and organization, the Bolide was one of the most ambitious projects of my career," says Frank Götzke, head of new technologies at Bugatti. Before working to develop the Bolide1, Götzke played an integral role in the development of the Veyron 16.4 and the Chiron5. It took Götzke just eight months to create the new model.

Modifications to existing equipment include a de-throttling of the intake and exhaust system to allow for faster response. The engine features four newly developed turbochargers that have optimized blades that are designed to build up boost pressure and power while the engine is running at a higher speed. The oil circuit, oil pressure, check valves, baffles, oil tanks, oil reservoirs, and pump design of the dry sump lubrication have been optimized.

Bugatti Bolide The interior of the car is relatively bare bones to assist with lightweighting.Photo courtesy of Bugatti

The Bolide features air-to-air cooling rather than a water-to-air setup. Water is then pre-cooled for optimal performance. Newly developed and hybrid carbon titanium turbofan radial compressors ventilate and cool the high-performance racing brake system.

The engine is a big part of the equation, but not all. In order to achieve such a low power-to-weight ratio, Bugatti had to look for weight savings wherever possible. All screen and fastening elements are made of titanium. Hollow, thin-walled functional components made of an aerospace titanium alloy are used in many places, having been constructed using a 3D printer, which enabled their 0.5 millimeter thickness.

One of the most interesting parts of the Bolide is its roof. Its outer layer is morphable. Bugatti explains: "If the vehicle is driven at a slow speed, the surface of the scoop remains smooth. In contrast, a field of bubbles bulges out when driven at fast speeds. This reduces the aerodynamic drag of the scoop by 10 percent and ensures a 17 percent reduction in lift forces."

The Bolide uses racing brakes with ceramic discs and coatings. The calipers weigh just 2.4 kilograms (5.2 pounds) each. Bugatti has given the model front forged magnesium rims with central lock that weigh in at 7.4 kilograms (15.4 pounds) while the rear rims weigh inn at 8.4 kilograms (18.5 pounds). It rides on very wide tires - 340 millimeters on the front axle and 400 millimeters on the rear.

Bugatti Bolide

Photo courtesy of Bugatti

The car's light monococque is made of carbon while the front end flange is made of the same. The strength of the carbon fibers is akin to what is used in the aerospace industry and is significantly stronger than what can be found in cars on the road today.

Bugatti's speedster is just 995 millimeters (39.1 inches) high, the same height as the historic Bugatti Type 35.

The Bolide is one of the most aerodynamic and challenging models that Achim Anscheidt, director of design at Bugatti, has taken on. His design for the car was inspired by the so-called X-planes of aviation history. This is most apparent at the tail end of the model. It is indirectly reminiscent of the Bell X-1 jet aircraft which was flown by Captain Charles "Chuck" Yeager 1947, the first person to break the sound barrier at Mach 1.06.

Only around 40 percent of the surfaces of the model are painted, coated in a re-interpretation of the historic French Racing Blue.

"Fifteen years ago, Bugatti succeeded in creating a new segment with the Veyron 16.4: that of the superior hyper sports car. With the Chiron launched in 2016, we systematically developed this segment further. The models bear witness to power and elegance, uniquely combining technology, design, luxury, and quality in a hitherto unknown combination," explains Anscheidt. "In contrast, the Bugatti Bolide is an absolute rebel. It is clear to see that its only aim is to convey the pure power of the W16 engine in a visually and technically unadulterated form. Reduced, raw, and authentic – like freshly-caught sashimi".

Whether the Bugatti Bolide will go into series production, has not been decided yet.

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The Genesis GV70 will go on sale in the U.S. in 2021.

Photo courtesy of Genesis Motors

The first Genesis GV70 debuted with little fanfare but all the looks, charm, and charisma of the GV80, but smaller. It joins the rapidly expanding Genesis lineup alongside the G70, G80, and G90 sedans and below the the GV80. Like all other Genesis models, it will be based on a rear-wheel drive platform.

"Genesis continues to build on our solid foundation with the addition of new and exciting products to our lineup," said Mark Del Rosso, President and Chief Executive Officer of Genesis Motor North America. "We recently launched our first-ever SUV, the flagship GV80, with U.S. deliveries beginning in the next thirty days. Now, with the upcoming release of the dynamic GV70 and a further diversified product portfolio, Genesis will be able to reach an even broader audience of American consumers."

2022 Genesis GV70 Sport

Photo courtesy of Genesis Motors

Genesis says that the GV70 gets its name from the following formula: the "G" stands for Genesis and "V" stands for versatility.

Like the sedans and SUV already in the Genesis lineup, the GV70 features the company's crest grille at the front. The grille takes it shape from the Genesis logo. One this model, it's set lower than on the GV80, and below the Quad Lamp headlights to give the GV70 the look of a sporty crossover.

Muscular rear fenders and a coupe-like roofline give the GV70 an athletic appearance. There's a chrome line to the C-pillar to accentuate the sportiness and exude a sense of elegance.

Quad Lamp taillights are set into the bumper, which also features a G-Matrix pattern applied to it. The Muffler is vertical-shaped and the SUV features a body-colored diffuser.

The Genesis G70 Sport variant takes the looks of the model even further. This SUV has an exclusive front bumper, 21-inch G-Matrix pattern-applied wheels, dark chrome garnishes, and a large diameter exhaust. The Sport model's interior features exclusive colors and trim, including a sport steering wheel and carbon-fiber appointed consoles and doors.

"The audaciously designed new GV70 breaks new ground for Genesis through purity of design execution. This follows the Genesis G80 and GV80 which demonstrated the perfect balance of our design identity 'Athletic Elegance,'" said SangYup Lee, Senior Vice President and Head of Global Genesis Design."

He added "The new GV70 inherits the Genesis design DNA including signature elements, such as the Wing Face and Two Lines. Along with the G70, the athletic 70-series line-up expands our design territory. As a luxury brand based in Korea, we are excited to offer the 'Beauty of White Space', Genesis' contemporary spatial experience exclusively to our customers."

The first GV70 is expected to arrive in the United States in calendar year 2021. The GV80 starts at $48,900. Expect the GV70 to have a MSRP far below that starting price.

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