2016 Ford Fusion Hybrid, Fusion Energi Get $900 Price Cut | Edmunds

2016 Ford Fusion Hybrid, Fusion Energi Get $900 Price Cut

DEARBORN, Michigan Ford cut prices on the 2016 Ford Fusion Hybrid and Ford Fusion Energi plug-in hybrid midsize sedans by $900, Ford spokesman Aaron Miller confirmed for Edmunds on Wednesday.

"It's just about staying competitive," Miller said.

However, the conventional gas-powered version of the 2016 Ford Fusion gets a $925 price increase for the new model year.

The 2016 Fusion lineup arrives at Ford dealerships in May.

The base 2016 Ford Fusion S front-wheel-drive model starts at $22,935, including an $825 destination charge, while the base 2016 Ford Fusion Hybrid S front-wheel-drive starts at $26,010, including shipping.

The base 2016 Ford Fusion Energi SE front-wheel-drive starts at $34,725, including shipping.

Miller said the 2016 Fusions are carryover models with no mechanical or technological changes.

Ford joins other automakers in a recent push to cut the prices of alternative-fuel vehicles. General Motors, for example, recently cut the price of the 2016 Cadillac ELR plug-in hybrid luxury coupe by $10,000 and reduced the price of the 2015 Chevrolet Spark EV hatchback by $1,650.

A new analysis by Edmunds found that car buyers are trading in hybrid and electric cars for SUVs at a higher rate then ever before due to falling gas prices.

Key competitors to the Fusion include the Honda Accord, Kia Optima, Nissan Altima and Toyota Camry.

The average price for a gallon of unleaded gasoline in the U.S. stood at $2.47 on Wednesday versus $3.66 a year ago, according to the AAA Daily Fuel Gauge Report.

Gas prices are expected to average $2.45 a gallon this summer compared with $3.59 a gallon last summer, according to the U.S. Energy Information Administration.

"The average U.S. household is expected to spend about $700 less on gasoline in 2015 compared with 2014, as annual motor fuel expenditures are on track to fall to their lowest level in 11 years," it said in the latest short-term outlook report.

Edmunds says: Ford dangles an attractive price cut on its alt-fuel 2016 Fusions in hopes of changing the minds of car shoppers in an era of cheap fuel.

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