Ford Slashes Over $10,000 Off Of Focus EV Models

Ford Motor Co. is offering hefty discounts of more than $10,000 for leases on its slow-selling Focus electric vehicle.

Ford is offering customers up to $10,750 off for three-year leases, according to the Dearborn automaker's website. It also has dropped the base price of the Focus EV by $2,000 for cash sales.

In addition, Ford is offering a $2,000 cash discount on the Focus EV and 1.9 percent financing if the electric vehicle is purchased through Ford Motor Credit.

The automaker sold just 685 Focus EVs in 2012, but built 1,627 — making it one of the poorest performers among electric vehicles on the market.