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Deep discounts — $12K, $13K, $16K — are fueling a pickup price war

Heavy discounts of up to $16,000 per vehicle are fueling a "truck war" among full-size pickups sold in the United States by the Detroit Three, a Reuters analysis shows. Strong U.S. sales this year of the highly profitable big trucks have helped offset lagging passenger car sales. But it is not clear how much of the truck demand is linked directly to ample factory incentives and dealer discounts, or how far sales might decline without those subsidies. A Reuters survey of Ford, General Motors Co's Chevrolet and Fiat Chrysler Automobiles's Ram truck dealers across the United States indicates stores are offering deep discounts the country's bestselling full-size pickup trucks. "The walls are not crashing down on full-size trucks," said Sam Fiorani, vice president of global vehicle forecasting at AutoForecast Solutions in Chester Springs, Pennsylvania. Detroit-based automakers want to keep cranking out their high-margin trucks, he added, and "giving up a little of the profit is the cheapest way to do it." Stores are offering discounts of up to $12,000 on the 2018 Ford F-150, which remains the best-selling vehicle in the country, recording more than 80,000 sales in May. Discounts run up to $13,000 on the 2018 Chevrolet Silverado and as high as $16,000 on the Ram 1500. Average transaction prices for full-size pick-ups range from around $42,000 to $45,000, industry analysts and automakers say. All three companies are spending furiously - GM and Fiat Chrysler to help sell off carryover 2018 trucks to prepare for redesigned 2019 models, and Ford to sustain its long-held sales crown. A supplier fire that temporarily shut down production of the F-150 last month "changed the game," said Jeff Schuster, senior vice president of forecasting at LMC Automotive in Troy, Michigan said. The supply halt nudged Ford's crosstown rivals "to ratchet up incentives on the current models to go after weakness at Ford," he said. Deals advertised on the companies' official websites range from rebates and low-interest loans to ultra-cheap lease rates, but they are not telling the whole story. Ford, for instance, advertises a $2,000 rebate and a $500 financing credit on sales of certain F-150 models. But James Collins Ford in Louisville, Kentucky, is offering discounts of up to $12,215 on the 2018 F-150 XLT SuperCrew 4x4. The price cuts are even steeper at a number of GM and Fiat Chrysler dealers. Quirk Chevrolet is selling the 2018 Silverado 1500 Double Cab at $13,000 off sticker.

2015 Ford Mustang already under recall, but just 53 units

Ford has issued a small - but significant - recall for one of its spotlight cars: the 2015 Mustang.
The recall affects just 53 cars, with 50 in the United States and three in Canada. Ford said the passenger side safety belt buckle tension sensor may not have been calibrated properly by the supplier. This could lead to "misclassification" of the passenger seat occupant, and could cause the airbag to deploy improperly.
A Ford spokesperson didn't immediately respond to a request for comment. In a statement, the automaker said it is not aware of any accidents or injuries, and dealers will replace the buckle assembly at no cost to customers. The cars affected were built at Flat Rock Assembly Plant in Michigan from Aug. 18 to Oct. 2.

2015 Ford F-150 to get 2.7-liter EcoBoost?

As we prepare for the arrival of the all-new, next-generation Ford F-150, rumors about the new truck are picking up steam. Naturally, many of said rumors aren't just related to the way the truck will look (it's expected to take design cues from the Atlas concept shown above), they're tied to what's going to motivate the Blue Oval mainstay, with Ford's EcoBoost range likely to play an increasingly key role. While we're still expecting the current 3.5-liter, twin-turbocharged V6 to retain its position as a premium alternative to Ford's naturally aspirated V6 and V8, a Canadian automotive news site is proposing that the Dearborn automaker is also preparing a new, more fuel-efficient downsized EcoBoost option.
Autos.ca is reporting that a new, 2.7-liter, twin-turbocharged V6 could find its way into the lighter, aluminum-intensive truck. The new engine supposedly makes use of asymmetrical turbos to generate 320 horsepower and 370 pound-feet of torque - substantially more impressive numbers than the current 3.7-liter base engine's 302 ponies and 278 lb-ft - while offering improved fuel economy and emissions. The new 2.7 EcoBoost (internally dubbed "Nano") isn't expected to supplant the naturally aspirated V6 as the F-150's base engine, it's expected to slot in above directly it.
Naturally, we're prescribing more than a few grains of salt to go with these rumors, at least until Ford debuts the next F-150 at the 2014 Detroit Auto Show, a reveal we'll be covering in a mere two weeks.