Ford •

Car maker Ford Motor surprised everyone, especially its rivals, with the launch of its all-new GT supercar on Monday at the 2015 edition of Detroit Auto Show.

According to the company, the stunning and stylish car will be hitting the showrooms sometime in 2016.

The extraordinary car is installed with all the typical supercar features like rear-wheel-drive configuration, a mid-mounted engine and a sleek aerodynamic coupe body.

The most important thing that makes this new generation vehicle extraordinary is that instead of the regular V-8 engine found in most of the Ford cars, including the previous GT, it comes packed with an EcoBoost V-6 engine.

According to the auto experts, the EcoBoost V-6 engine has twin-turbochargers that will assist in liberating more than 600 horsepower.

The company has made extensive use of lightweight materials, including carbon fiber and aluminum, for the chassis in order to give the car an attractive power-to-weight ratio.

The car’s engine is derived from the 3.5-liter mill that is fitted to the Daytona Prototype of the company.

Some of the new design aspects include: valvetrain features and updated direct-injection that are aimed at encouraging the performance as well as efficiency of the new car.

In the cabin, the designers have reduced the frontal area and kept the car sleek. The cabin can be accessed through an upward swinging pair of doors. The fixed seats come with adjustable pedals and steering column.

The ‘digital’ instrument cluster is configurable for multiple kinds of driving environments as well as driving modes. Its F1-style steering wheel helps in integrating all the necessary driver controls that offers creation of a stalk-less steering column, allowing uncluttered access to the transmission paddle-shift controls.

The company sources said that there is still a lot of development work pending with the new car model.

The renowned Motor Company Ford has experienced a massive drop in profits by 34%. This is majorly linked with the launch of F-150 pickup truck which is said to have cost quite a lot money. The pickup aimed is targeted to be a key profit maker once its popularity is stabilized. As such, the Ford Motor company is still confident in closing the all year profit with a positive deviation. Other factors have also been associated with the sudden drop in profits including low sales of wholesale vehicles, lower costs in addition to recent shortage of supplier parts.

Anticipated Comeback

Plans to shut down the F-150 Truck plant in Dearborn Michigan is said to have largely contributed to the 3% profit drop realized in the third quarter. Chief Financial officer of the company Bob Shank however says that the problems experienced across the North American Ford plants had been identified and addressed appropriately. As such, he sees that there is no cause for alarm as the company is set to pick up from the slight fall back. The fourth is therefore vital for this company which is set to make a comeback and recover the losses earlier experienced in the third quarter of the year.

Mixed Gains

The company is said to have reported, an average earnings of 24cents per share in comparison with the expected 19 cents as predicted by analysts. Despite this striking performance in North America, most analysts and investors are not happy and have not received the news positively.Ford’s profit margin of 7.1% saw them fall to their rivals General Motors Co which is reported to have registered 9.5% of the same. The loss is also evident in most parts of Europe and South America. Nevertheless, the company went ahead with its gains in China reaching a 4.7% market share; the highest so far!

2015 Detroit Auto Show:Ford surprises car lovers with all-new GT supercar

Low Profits By Ford Exceed Estimates As The Launch of F-150 Registers Low Sale

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