Hand-built Ford GT to go on sale next year

Only 250 of the 600-horsepower cars will be built per year, with a price tag of $400,000; they're expected to go on sale in the second half of 2016.

The Ford GT super car will cost about $400,000 when it goes on sale in the second half of 2016.

 And the automaker will only make about 250 a year, Dave Pericak, director of Ford Performance, confirmed at the recent Geneva auto show. Pericak told reporters the mid-engine two-seater will cost about the same as a $400,000 Lamborghini Aventador.

 Ford showed the Ford GT concept at the North American International Auto Show in Detroit in January and announced it would go into production next year.

 Since then, the automaker has said the car, which has a carbon fiber body, will be made in Canada by private coachbuilder Multimatic in Markham, Ontario, near Toronto.

 The car will be almost hand-built, Pericak told reporters.

 The Ford GT has a 3.5-liter twin-turbocharged V-6 that will generate at least 600 horsepower.

 It is designed to be a halo vehicle to showcase Ford’s performance and technological prowess. The last GT was discontinued in 2005 after two years. It was priced at $150,000 but those cars — only about 4,000 were built — have increased in value since going of production.

 The automaker has said it will introduce 12 performance vehicles by 2020. So far it has shown the GT, Mustang Shelby GT350 and GT350R, Fiesta ST, Focus ST, Focus RS and F-150 Raptor pickup.