Ford GT, American exotic, ends its run | FerrariChat

Ford GT, American exotic, ends its run

Discussion in 'American Muscle' started by 993 guy, Feb 3, 2006.

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  1. 993 guy

    993 guy F1 Rookie

    May 21, 2004
    3,066
    Bergen County NJ
    Full Name:
    Eric D
    Ford's $150,0000 supercar will go out of production this year after just two model years.

    February 3, 2006: 12:26 PM EST

    NEW YORK (CNNMoney.com) - The Ford Motor Company will end production of the $150,000 Ford GT high-performance sports car this year after two model years.

    The car was intended for a short run, according to Ford. The end of production this year is timed to coincide with the 40th anniversary of the famous first, second and third place finish of the original Ford GT40 cars, on which the car is closely modeled, in the 1966 LeMans race.

    Production of a small number Ford GT's began in 2003, to coincide with Ford Motor Co.'s 100th annviersary. Full-scale production didn't begin until 2004.
    While far from a big seller, the GT has been profitable for Ford, spokesman John Harmon said. The company sold about 1,300 GTs last year.

    It's greatest value for Ford, however, has been as a "halo vehicle" advertising Ford's performance engineering capabilities, he said. The GT has been featured on the covers of at least 40 magazines worldwide, he said.
    "It's a car you do occasionally," Harmon said, "not a car that needs to be in our line-up continuously."

    The role of Ford's "performance flagship" will be taken over by the Shelby GT500, a high-performance version of the Ford Mustang. It is scheduled to enter production this summer. That car is expected to cost about $40,000, far less than the Ford GT.
     
  2. George J.

    George J. Formula Junior

    Apr 18, 2005
    540
    Bay area, CA
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    George J
    I have had mixed feelings about this car from the begining, however I am somewhat sad that the production is ending. Some aspects of it's detail seem a bit crude compared with a current Ferrari and it is a pastiche of a true icon, and yet it's performance is truly hard to argue with. In the end I am glad they built it and the limited number will insure that many are well cared for by their owners. Well done Ford. - George
     
  3. tbakowsky

    tbakowsky F1 World Champ
    Consultant Professional Ferrari Technician

    Sep 18, 2002
    19,962
    The Cold North
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    Tom
    I don't think this is the real reason. They could have done a 5 year run, and if it was truly a profitable car, they would still be building it. I'm gussing that the car is not selling as well as predicted and they are cutting there losses now. 1300 cars have been profitable? How can this be when you consider just the tooling costs and development of the car must have cost well into the millions. Just doesn't sound right to me. Ford can't afford to cut a profitable car out of their line up no matter what it costs.
     
  4. Horsefly

    Horsefly F1 Veteran

    May 14, 2002
    6,929
    Probably more linked to the fact that 30,000 workers will be laid off. It would be hard to continue the image created by Henry Ford as the "working mans" car when you're selling a $150,000 car and laying off 30,000 workers.
     
  5. George J.

    George J. Formula Junior

    Apr 18, 2005
    540
    Bay area, CA
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    George J
    I'm keeping my rose colored glasses on!
     
  6. Bill Sawyer

    Bill Sawyer Formula 3

    Feb 26, 2002
    2,108
    Georgia

    It's very doubtful the Ford GT was profitable. It was never meant to be. It was a halo car, and one that has always been destined for a short run.
     
  7. Exotica Motorsports

    Nov 1, 2003
    3,673
    Washington
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    Jason Godsil
    When this car first came out they said it was only going to be produced through 2006 due to a new safety rule being implemented this year that the GT doesn't comply with. I can't remember which rule it was, crash test or something but they said this from the beginning. That is why they have been looking at changing the car somewhat into the Shelby Daytona Coupe. By using most of the car but change the layout to comply with this new regulation it would basically be the same car but be able to be produced after 2006. This is what I remember anyway.
     
  8. Doody

    Doody F1 Veteran

    Nov 16, 2001
    6,099
    MA USA
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    Mr. Doody
    i think the rule is about bumper impact standards, but don't quote me on that.

    yeah, i don't think this is new news at all. it was never going to be produced past the end of this safety rule deadline, which i thought was september or december of 2006.

    doody.
     
  9. Napolis

    Napolis Three Time F1 World Champ
    Honorary Owner

    Oct 23, 2002
    32,118
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    Jim Glickenhaus
    Correct.
     
  10. Exotica Motorsports

    Nov 1, 2003
    3,673
    Washington
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    Jason Godsil
    I was just doing a search and they say that 1/1/07 new design and bumper standards will be regulating auto designs. All this is for pedestrians that are hit by cars. Why do we have to start driving cars that are more pedestian impact friendly when we are not supposed to hit pedestians in the first place?
     
  11. J.P.Sarti

    J.P.Sarti Guest

    May 23, 2005
    2,426
    So much for their values to depreciate that much.

    I wonder up someone like Shelby will buy the tooling and continue to make them though modified for the new regs.
     
  12. Napolis

    Napolis Three Time F1 World Champ
    Honorary Owner

    Oct 23, 2002
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    Jim Glickenhaus
    This could have a huge effect on all of the cars we love no?
     
  13. George J.

    George J. Formula Junior

    Apr 18, 2005
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    George J
    Just in time for a fuel crisis; manufactures have to design cars with the front end shaped like a barn door.
     
  14. dakharris

    dakharris Two Time F1 World Champ

    Jun 7, 2001
    29,441
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    Cavaliere Senzatesta
    Since these cars really cost $180-200K, someone is making a profit.
     
  15. spirot

    spirot F1 World Champ

    Dec 12, 2005
    15,139
    Atlanta
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    Tom Spiro
    Too Bad they are not making more... the more they make the cheaper they will be in 3 - 5 years ....that way I could buy one... now they will always be and expensive car.
     
  16. Auraraptor

    Auraraptor F1 World Champ
    Lifetime Rossa Owner

    Sep 25, 2002
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    Omar
    Probaby the same reason we drive safer-in-impact cars now then in earlier times (when we are not supposed to hit things or other with our car in the first place)
     
  17. Tyler

    Tyler F1 Rookie

    Dec 19, 2001
    4,274
    dusty old farm town
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    Tyler
    Unfortunately yes.


    Oh well, my heart melts more for the chrome bumpers of the past than the current molded plastic ones anyway. :)
     
  18. George J.

    George J. Formula Junior

    Apr 18, 2005
    540
    Bay area, CA
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    George J
    The silver lining is that a lot fewer will be really trashed, and a lot more will be kept very well preserved. George
     
  19. Horsefly

    Horsefly F1 Veteran

    May 14, 2002
    6,929
    That's Standard Operating Procedure for liberalism. Don't blame the real cause, just pass some touchy feel good legislation. That's why they never blame the gang banger who shoots somebody. They blame the gun manufacturer.
     
  20. Fast Shadow

    Fast Shadow Karting

    Dec 18, 2004
    126
    Point Dume, CA
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    Josh
    Ford outsourced the GT to Saleen. If they did the deal right it could very well have ended up being profitable.
     
  21. Exotica Motorsports

    Nov 1, 2003
    3,673
    Washington
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    Jason Godsil
    I completely agree. I think we should add pontoons on the bottom in case of a water landing.
     
  22. rush109

    rush109 F1 Veteran

    May 26, 2005
    8,103
    Montreal, Quebec
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    Joshua McRae
    what was the original run supposed to be??
     
  23. callchuck

    callchuck Karting

    Aug 29, 2005
    92
    #23 callchuck, Feb 3, 2006
    Last edited by a moderator: Sep 7, 2017
    I guess I will be holding on to the GT for a while. Both of these cars are a blast to drive. What a contrast! Night & Day.....and both are just as much fun to drive in there own strange way. The GT is a little bigger but both are the exact same height.
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  24. davem

    davem F1 World Champ
    Silver Subscribed

    Jan 21, 2002
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    dave m
    Think the rule was about making cars that turn a profit. Its new for 2006.
     
  25. Horsefly

    Horsefly F1 Veteran

    May 14, 2002
    6,929
    Don't forget the parachute on the rear bumper, just in case you fly off a cliff after spilling hot McDonalds coffee in your lap.
     

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