Ford GT production in Canada extended for two more years

Ford Motor Co. has announced that it is extending the production of its Ford GT Supercar for two more years. Intially producting 500 GTs, with 250 being built a year at a facility in Markham, Ontario, the company has accepted it received 6,506 applications for the first 500 vehicles which are priced at $400.000 a piece.

“While we can’t build enough Ford GTs for everyone who has applied, we are going to produce additional vehicles in an effort to satisfy more of our most loyal Ford ambassadors,” said Dave Pericak, global director at Ford Performance, in a statement Friday. “We want to keep Ford GT exclusive, but at the same time we know how vital this customer is to our brand.”

The move is to satisfy overwhelming demand for the Ford GT, year 3 production will go to customers on the wait list.

Source: Automotive News Canada