Automobile
Heavy price increase in Ford Mustang GT500: Check here
When Ford unveiled its 760-horsepower (567-kilowatt) Shelby GT500 for the 2020 model year, it came with a starting price of just over $70,000. Specifically, it was $70,300 but that didn’t include two mandatory fees: a $2,600 gas guzzler tax and a $1,095 destination charge. Added up, the muscular Shelby started at $73,995, and with the exception of a small bump in the destination fee, the price hasn’t changed. Until now.
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The 2022 Ford Mustang Shelby GT500 starting price climbs to $73,465. It’s a year-over-year increase of $3,165, which is not insignificant by any means. A Ford spokesperson confirmed this increase to Motor1.com, while also pointing out that it’s the first base-price increase since the current generation went on sale in 2019.
With the gas guzzler tax included, the price climbs to $76,065 and that still doesn’t include destination charges. Provided the fee holds steady at $1,195, the total minimum price for a 2022 Shelby GT500 checks in at $77,260.
It’s a sizable jump, but we’ve heard more than a few stories of insane dealership markups for the muscular Shelby when it went on sale. A quick search today suggests the markups have subsided but still exist. So while a $3,165 bump isn’t small, it likely won’t deter buyers in this very niche performance segment.
Hyundai India launched the much-awaited Creta Knight Edition in the country at a starting price of Rs 13.51 lakh (ex-showroom, all-India). This new variant is available in both petrol and diesel engine options and can be had either with a manual or an automatic transmission unit. To read more about the Creta Knight Edition, click here. In addition to this, the company has also introduced a model-year update for the Hyundai Creta with new feature additions.
The 2022 Hyundai Creta is now available in a new Denim Blue colour option and the Highline TPMS is now standard across all variants. The SX (O) trim now also gets a glossy black centre console. Furthermore, the company will offer the iMT option on the 1.5-litre petrol ‘S’ variant to further expand choices for the customers. The new S+ variant powered by a 1.4-litre T-GDi petrol engine with 7DCT now gets an additional set of features, such as –
– Smart panoramic sunroof
– 16-inch black alloy wheels
– Smartphone wireless charger
– Rear Disc Brakes
– Electronic Stability Control (ESC)
– Vehicle Stability Management (VSM)
– Hill start assist control (HAC)
– Paddle shifters
– Metal pedals
– Electric and auto-folding ORVMs
– Power window auto up/down
Mechanically, the SUV continues to be powered by the existing petrol and diesel engine options.
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