Reduced pricing announced as Clean Car end date looms.

SHARPENED Ford Mustang Mach-E pricing has been announced - but it only applies from January 1, a day after an even larger rebate for the entry car is expected to be gone.

Ford New Zealand is the latest of a succession of markets to reset Mach-E pricing, which it says is a reaction to market factors.

“Our competitors are doing it. We had to react,” spokesman Tom Clancy said.

A decrease of $5000 hits the base car (above) - which presently attracts a Clean Car discount of $7015 - and the mid-spec all-wheel-drive. The GT drops by $8000.

The new pricing brings the entry model to $74,900 plus on-roads, while the AWD goes to $104,990. The GT becomes a $116,990 product.

Ford NZ is not the first market to reset Mach-E pricing. Within the last month North America was first to signal decreases, followed by Europe. Australia reset its pricing to a lower level last week - ahead of the model’s availability.

The reductions here appear to be less aggressive.

The Clean Car rebate is expected to be history by December 31, if not before.

The National Party-led coalition Government says dropping the incentives is among high priority legislations it wants to address under urgency. It has just a fortnight to do so.

Axing the rebate could be relatively simple; commentators believe it requires the Transport Minister Simeon Brown to simply instruct NZ Transport Agency Waka Kotahi to curtail it on a specified date, at a degreed time.

Curtailing the controversial ‘ute tax’, the penalties on high CO2 emissions vehicles, will be harder; that is a tax so requires legislative amendment through Parliamentary process.

Clancy said the new Mach-E pricing was developed in expectation the rebate would be gone, but if it was not the pricing will still stand. “We will wait and see.”