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New GT for Ford?

Written by Staff. Posted in Ford News

Published on May 03, 2016 with No Comments

Rumors are circulating in Dearborn that Ford Motor Company is considering a new, high-priced, low-volume halo car to follow up the GT40-inspired Ford GT built for its 100th anniversary in 2003. The new model may not be a traditional performance car. Some high-level execs within the Blue Oval are suggesting the next halo should be a highly fuel-efficient, or electric, low-/no-emissions “green” model.

With chief rival General Motors’ $41,000 Chevrolet Volt all but launched, this decade’s Ford GT would have to be a sports car or luxury car, not a more conventional sedan or hatchback with an unconventional powerplant, in order to justify a six-figure sticker. Porsche and Mercedes-Benz have made such a product possible, thanks to the 918 Spyder plug-in hybrid, and SLS AMG E-Cell electric, respectively.

Amid its onslaught of new and improved mainstream cars and trucks, Ford needs to front-load its near-future product lineup with high-profit models, which is another reason a loss leader like the Volt is out. The interest rates on Ford’s line of credit, presciently taken in 2006, go up from near zero to prime rate on January 1, 2011.

Article Source: www.motortrend.com

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Fords Magazine Staff is a group of car lovers, editors, and writers who have a passion for Ford Motors. Besides being all around car nerds and proud owners of Fords, our staff is dedicated to providing you breaking news, reviews, and tutorials.

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