1923 Ford Model T, Burgundy In Color, With Removable Top on 2040-cars

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2015 Ford Mustang specs revealed, GT to pack 435 HP

The 2015 Ford Mustang sounds great so far - at least on paper. Ford has just announced specs for the latest version of the iconic pony car in Dearborn, telling Autoblog that it will pump out as much as 435 horsepower and 400 pound-feet of torque from its 5.0-liter V8.
Those gaudy figures power the naturally aspirated GT model, and they easily eclipse the "more than" 420 hp and 390 lb-ft that Ford originally estimated.
The 2.3-liter turbocharged EcoBoost four-cylinder makes 310 hp and 320 lb-ft, and it's the first turbo Mustang since the 1986 SVO.

You'll have to apply to purchase a Ford GT

With the 2017 Ford GT rumored to cost around $400,000, an anonymous insider says that the company is taking a very exclusive approach in deciding who gets to own these supercars. The Blue Oval isn't forgetting its roots, though, and some current customers might get the first crack at the coupe's extremely limited production numbers. Reddit user 3031983 claims to work at a dealer and have access to an internal Ford website, which is where this info comes from. The ordering process for the latest GT begins in early 2016, and any interested buyers need to file an application with Ford first. Anyone can submit the request, but Ford is giving top priority to current GT owners. Once selected, customers will be walked through the personalization process and will eventually complete the purchase through a dealer certified to sell the GT. Autoblog reached out to Ford, and the company confirmed that all of the user's details are accurate. The concierge-style service certainly isn't uncommon with other high-end vehicles, though. It's also understandable that the Blue Oval would want to work closely with wealthy, enthusiast buyers, rather than just shipping its supercar off for dealers to sell. The user also reports that Ford is limiting global production of the GT to just 250 units a year, which the company confirms. That makes the Blue Oval's supercar truly exclusive for its early life. For comparison, Ferrari only built 499 LaFerraris, and there were 918 Porsche 918 Spyders. Related Video:

Ford extends shutdown, Stellantis confirms layoffs due to chip shortage

Ford and Stellantis this week announced new production cuts due to the global semiconductor shortage, with popular models including the Ford F-150 and Jeep Grand Cherokee facing cuts. Stellantis plans to temporarily lay off workers at one facility as production is curtailed.  According to Automotive News, Ford is extending shutdowns at some of its North American facilities into May. The Blue Oval has been forced to reduce or idle production of both its redesigned F-150 pickup and the popular Explorer due to the chip shortage. The Mustang, Transit, Edge, Lincoln Nautilus and Aviator will also continue to be affected. Stellantis is planning to temporarily lay off workers at a Jeep plant in Detroit during April and May due to a shortage of semiconductor chips. The company will cut two work crews at its Jefferson North plant in Detroit for three weeks starting April 26, then call them back and lay off a third crew from May 17 through the week of May 31, according to a schedule obtained by Bloomberg News. The plant on Detroit’s east side normally operates two shifts with three work crews six days a week to keep it running 20 hours a day. “Stellantis continues to work closely with our suppliers to mitigate the manufacturing impacts caused by the various supply chain issues facing our industry,” company spokeswoman Jodi Tinson said in a statement. “Due to the unprecedented global microchip shortage, Jefferson North will adjust its production schedule through the end of May.” Jefferson North employs about 4,800 hourly workers and makes the Jeep Grand Cherokee, the top-selling Jeep model last year, and the Dodge Durango SUV. A redesigned version of the Grand Cherokee is scheduled to start production in August, according to researcher AutoForecast Solutions. This article contains reporting from Bloomberg. Plants/Manufacturing Ford Jeep Lincoln Technology chip shortage