Ford Proposed $40,000 Mustang Sedan and $25,000 SUV to Dealers: TDS
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Welcome to The Downshift, or TDS for short, which is The Drive’s morning news compilation featuring the most important automotive headlines from around the globe.
The Downshift condenses stories into brief summaries and includes links for those who want to explore further. We hope you enjoyed your weekend—here's your update for Monday, August 10, 2026.
🆕 The Fathom electric pickup isn't the only affordable Ford coming soon, as reports indicate the automaker showcased an entry-level crossover priced around $25,000 at a dealer event in Las Vegas. This new model would fill the void left by the Edge and EcoSport at the lower end of Ford's lineup. Additionally, Ford is said to have displayed a prototype for a four-door Mustang at the event, with a projected starting price below $40,000. The design of this sport sedan was likened to the Porsche Panamera, and the company had previously referred to it as the Mach-4. [Automotive News]
🗺️ Volkswagen has unveiled the second-generation Atlas Cross Sport for the 2027 model year. Unlike the standard Atlas, it is shorter, has a lower roofline, and features two rows of seating instead of three. It is powered by the Evo 5 revision of VW’s proven EA888 turbocharged four-cylinder, delivering 282 horsepower in this variant. [Automotive News]
🪪 Porsche SE, the largest shareholder of Volkswagen controlled by the Porsche-Piëch family, has expressed support for the automaker’s transformative restructuring initiative, which has already resulted in the loss of tens of thousands of jobs in Germany and may lead to even more cuts. [Reuters]
📰 A man in Dallas tragically died Friday after being struck by an SUV, which propelled him 30 feet into oncoming traffic, where he was then hit by a Waymo robotaxi. At the time of the collision, no one was inside the Waymo, according to police. The investigation into the incident is ongoing. [NBC Dallas-Fort Worth]
♦️ Mitsubishi has introduced a new crossover for Australia and New Zealand, called the ASX VR-e, designed by Pininfarina and noted for its appealing appearance. However, it is fundamentally based on a Foxtron-built EV. [Autoblog]
🔥 In one of the more unusual stories we’ve encountered lately, two Mercedes-AMG owners are suing the company, claiming they were allegedly burned by the metallic AMG badge placed on the front seats. According to the lawsuit, a dermatologist confirmed that one of the plaintiff’s burns resembled the shape of the AMG logo. [Motor1]
🏁 Weekend race winners:
NASCAR O’Reilly Auto Parts Series at Iowa: Carson Kvapil for JR Motorsports
MotoGP British Grand Prix: Raúl Fernández for Trackhouse Racing
NASCAR Cup Series at Iowa: Ty Gibbs for Joe Gibbs Racing
IndyCar at Portland: Alex Palou for Chip Ganassi Racing
Do you have a tip or feedback for TDS? Contact us at tips@thedrive.com
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Ford Proposed $40,000 Mustang Sedan and $25,000 SUV to Dealers: TDS
The four-door Mustang has been likened to the design of a Porsche Panamera and is rumored to be named the Mach-4.