Jump to content
  • William Maley
    William Maley

    Ford's Performance Boss Talks Pricing and Production of 2017 GT

    Sign in to follow this  

      What does Ford have in mind on pricing and production of the upcoming GT?

    Since we first set our eyes on the Ford GT, we knew that it was going to be an expensive proposition for a lucky few. Now we have an idea of how expensive the new supercar will be.

    Speaking at the European introduction of the Ford GT, Raj Nair, Ford's Global Product Development chief said the model would “price wise, we’ll be facing off against cars like the Aventador.” That puts a possible pricetag for the GT around $400,000. As for how many GTs we'll see coming off the production line, Ford says that around 250 models will be built for 'several year'.

    Now with 250 models being built per year and costing $400,000, you have to wonder how Ford can justify it.

    “Because this is a very different car, this is the next chapter in the GT story, and we didn’t want to do what we’d already done. This is a supercar unlike any we’ve ever built before. The technology that’s going to reside in this car, the engineering that we’re throwing at it, we’re really raising the game. So that’s why,” said Ford Performance boss Dave Pericak to Car and Driver.

    Source: AutoGuide.com, @AMLassa Twitter, Car and Driver

    Sign in to follow this  


    User Feedback

    Recommended Comments

    This is a halo car like the Bugatti to VW where VW took a financial loss on the production.  However, the Bugatti make a HUGE cultural impact and is a solid performer on the auction circuit.

     

    Likewise with the 2005-06 Ford GT and this new Ford GT, they make not make any money on the production, but dividends will be paid in other ways.

    • Upvote 1

    Share this comment


    Link to comment
    Share on other sites

    I think the pricing is wrong, the GT should be priced and competing with the Z Corvette. That would build far more loyal following than to compete against the over priced Italian hardware that is in serious need of some design updates.

    Share this comment


    Link to comment
    Share on other sites


    Join the conversation

    You can post now and register later. If you have an account, sign in now to post with your account.
    Note: Your post will require moderator approval before it will be visible.

    Guest
    Add a comment...

    ×   Pasted as rich text.   Paste as plain text instead

      Only 75 emoji are allowed.

    ×   Your link has been automatically embedded.   Display as a link instead

    ×   Your previous content has been restored.   Clear editor

    ×   You cannot paste images directly. Upload or insert images from URL.




  • Similar Content

    • By Drew Dowdell
      Ford is adding 550 workers to their Kentucky plant that builds the Navigator and Expedition in order to meet surging retail demand for the big SUVs.  Retail sales were up 35% which has netted Ford a 5.6% gain in market-share for the Expedition.  The Navigator is doing even better with a 70% increase in sales. 
      Ford has already increased line speed and split some jobs to multiple people in an attempt to increase  production. Vehicle production will be increased after the July shutdown. 
      Along with the increase in production, Ford will be starting an advertising campaign focusing on the size and spaciousness of the Expedition.  
      Ford increasing job and production in the US stands in sharp contrast to the steep cuts of over 6,000 jobs Ford announced for Europe. 

      View full article
    • By Drew Dowdell
      Ford is adding 550 workers to their Kentucky plant that builds the Navigator and Expedition in order to meet surging retail demand for the big SUVs.  Retail sales were up 35% which has netted Ford a 5.6% gain in market-share for the Expedition.  The Navigator is doing even better with a 70% increase in sales. 
      Ford has already increased line speed and split some jobs to multiple people in an attempt to increase  production. Vehicle production will be increased after the July shutdown. 
      Along with the increase in production, Ford will be starting an advertising campaign focusing on the size and spaciousness of the Expedition.  
      Ford increasing job and production in the US stands in sharp contrast to the steep cuts of over 6,000 jobs Ford announced for Europe. 
    • By Drew Dowdell
      Mercedes-Benz has annouced that the new Maybach SUV, built on the Mercedes-Benz GLS will be built exclusively in Alabama.  With an expected price over $200,000, the new SUV will then be the most expensive vehicle to be built in the U.S. 
      Mercedes-Benz plans to expand the Maybach brand to other models where it makes sense in the upper end of the Mercedes lineup. 
      The Mercedes Maybach GLS will have a V8 with north of 560 horsepower and will likely debut in China later this year. The vehicle is aimed primarily at the chauffeur driven population in China and as such, the rear seats are set up in a lounge like fashion.
      The Alabama operation is also getting battery manufacturing operations, more than twice the size of the original assembly plant, due to build EQ vehicles starting in 2020.  The factory, which is capable of producing more than 300,000 units a year, exports approximately two-thirds of its production.  
      Related:
       

      View full article
    • By Drew Dowdell
      Mercedes-Benz has annouced that the new Maybach SUV, built on the Mercedes-Benz GLS will be built exclusively in Alabama.  With an expected price over $200,000, the new SUV will then be the most expensive vehicle to be built in the U.S. 
      Mercedes-Benz plans to expand the Maybach brand to other models where it makes sense in the upper end of the Mercedes lineup. 
      The Mercedes Maybach GLS will have a V8 with north of 560 horsepower and will likely debut in China later this year. The vehicle is aimed primarily at the chauffeur driven population in China and as such, the rear seats are set up in a lounge like fashion.
      The Alabama operation is also getting battery manufacturing operations, more than twice the size of the original assembly plant, due to build EQ vehicles starting in 2020.  The factory, which is capable of producing more than 300,000 units a year, exports approximately two-thirds of its production.  
      Related:
       
    • By Drew Dowdell
      On February 28th, Tesla announced that they would be closing most of their retail locations and moving to an online sales model in order to cut costs.  In a blog post yesterday, Tesla has reversed course on that position somewhat, and will not only close a portion of their stores. 
      Some of their locations, around 10%, have already closed and Telsa said they would have closed anyway due to low foot traffic.  Another 20% of locations are currently under review and depending on performance will be decided on in the next few months. 
      All sales will still remain online only, and customers who come into the stores will be shown how to order their vehicle online.  The 1000 mile or 7 day return policy (minus the non-refundable delivery charge) will remain in effect for any customer who has doubts about their purchase.  The remaining Tesla stores will have cars available for test drive and will keep a small number of vehicles in stock for people who want to take delivery immediately. 
      To compensate for this change in direction, Tesla will be raising prices by 3% on the more expensive trims of Model 3, and the Model S and Model X.  The base Model 3 remains $35,000 plus $1,200 delivery charge. Current prices are valid until March 18th.

      View full article
  • Social Stream

  • Who's Online (See full list)

  • My Clubs

About us

CheersandGears.com - Founded 2001

We ♥ Cars

Get in touch

Follow us

Recent tweets

facebook

×
×
  • Create New...