A Ford spokesperson cited 'ongoing supply-chain constraints, rising material costs and other market factors' as reasons for the price increase.
Ford Motor is raising the price of its base F-150 pickup truck by $5,000 as the automaker seeks to offset rising manufacturing costs.up 11% from $46,974 in August
, while earlier in the year the base model was priced at $39,974. The price increase is"due to ongoing supply-chain constraints, rising material costs and other market factors," a Ford spokesperson told CBS News. Other trim levels for the F-150 Lightning will cost the same. The new price won't impact any customers who have already pre-ordered the truck, a Ford spokesperson said.
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