The Dacia brand has been growing for 15 years. What are the keys to this success? Dacia has a unique business model in the automotive industry, for several reasons. The original specifications were to produce a roomy, reliable vehicle at the €5,000 price point. Unlike the vehicle projects of the time, the baseline from which… Continue reading Dacia: industrial and commercial audacity
Tag: Renault
Mitsubishi Motors Announces Production, Sales and Export Figures for June 2018 and First Half of Calendar 2018
* Includes imports to Japan * Beginning fiscal 2012, locally branded models produced in China, which to date had been included in the output figure for China, are now excluded [ Summary : June 2018 ] < Domestic Production > June 2018・・・Fourth consecutive monthly year-on-year increase since February, 2018 ( 119.8% year-on-year ) <… Continue reading Mitsubishi Motors Announces Production, Sales and Export Figures for June 2018 and First Half of Calendar 2018
French Carmaker Likely To Halt Iran Operations As Other Companies Leave
French car manufacturer Renault says it is likely to leave Iran to avoid renewed U.S. sanctions in spite of previous promises to remain. Several other major companies including Maersk, Total, Peugeot, General Electric, Boeing, Reliance, and Siemens have already left Iran to evade U..S sanctions, which economic experts in Iran say will hit Iranians even… Continue reading French Carmaker Likely To Halt Iran Operations As Other Companies Leave
Mitsubishi Motors Reports First-Quarter Financial Results for FY2018
Tokyo, July 24, 2018 – Mitsubishi Motors Corporation (MMC) today announced first-quarter financial results for Fiscal Year 2018 ended March 31, 2019 (1Q/FY2018). 1. 1Q/FY2018 Financial Results Highlights Mitsubishi Motors reported net sales for 1Q/FY2018, up 27.0% year-on-year to 560.0 billion yen. Operating profit rose from 20.6 billion yen in the same period… Continue reading Mitsubishi Motors Reports First-Quarter Financial Results for FY2018
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Carsharing: Renault and ADA unite in Moov’in.Paris
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Car share operators jump in as Paris Autolib scheme withers
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Mazda to resume plant operations next week
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Graveyard shift: Manual transmissions on the way out
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Multimatic Fell Short On Production Target For 2017 Ford GT
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Multimatic Fell Short On Production Target For 2017 Ford GT
18 Jul 2018, 15:33 UTC · by Mircea Panait
/ Home / News / Industry
Introduced without anyone knowing that would hit them at the 2018 North American International Auto Show in Detroit, the second-generation Ford GT is not your usual supercar. In addition to the heritage, performance, and success in the World Endurance Championship, the GT also happens to be an exclusive breed.
9 photosThe first example rolled off the assembly line in Canada towards the end of 2016, and at the time, the Ford Motor Company confirmed that Multimatic Inc. would build 1,000 units over a period of four years. But as it happens, the automotive manufacturing and engineering outfit fell short on the production target for 2017.
After reaching out to Ford, our friends at Motor Authority found out that 138 examples (out of 250 planned) were built in 2017 by the automaker’s Canadian partner. “We built into our process an extended ramp-up due to several factors such as global homologation testing and supplier constraints,” explained a spokesman.
The problem that Multimatic faced with the first units of the GT was the rate of manufacture, “some supplier issues, and some minor delays in painting the special Victory cars.” To this effect, the 112 vehicles that should’ve been built in 2017 will be finished for the 2018 model year. On that note, can Multimatic pull it off?
“We’re sticking to our initial commitment of 1,000 vehicles,” further added the spokesman, explaining that Ford is committed to “building the vehicle for at least four years.” By using at least in his explanation, the official might’ve indicated that Ford will push back the end of production by a handful of months.
For people like you and me, this might not appear to be a problem. But for those who have placed an order or paid their cars in full without even getting a notice about the delay, the Ford Motor Company has some apologies to make.
On that note, is there anything left to squeeze out of the 3.5-liter twin-turbocharged EcoBoost V6? In its most aggressive tune, the engine currently develops 647 horsepower (656 PS) and 550 pound-feet (746 Nm) of torque.
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