Tag Archives: Ford

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The road-legal Ford Matech Concepts GT1 costs $1.7 million

In 2011, the Swiss racing company Matech Concepts, which developed the Ford GT race car, went out of business, and its plant was purchased by the English company LYNX Motors. Now, this company, in cooperation with the American company Graham Rahal Performance, announces the production of a road-legal version of Ford’s racing model, the Ford Matech Concepts GT1 Le Mans.

There is not much information about this road-legal version yet, but what the company has announced is that it will have a carbon body and an aerodynamic upgrade. The published photos also suggest that this car could be equipped with a new front splitter, spoiler and a large rear wing. The interior will be upholstered in leather, and it is believed that it will have a new steering wheel and a lot of carbon details.

What is known for sure is that only 28 units of this car will be produced. They will be powered by a supercharged V8 engine that will deliver a whopping 1,217 hp, and will be mated to a 6-speed manual transmission.

LYNX Motors will allow customization of the cars, and each will cost $1.7 million before adding any road or track aero options.

Source: LYNX Motors

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The road-legal Ford Matech Concepts GT1 costs $1.7 million
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Ford’s sales results in Europe

Ford has announced its sales results for 2024, and what was already known in advance was a bad year on the European market. According to the data, Ford sold 426,307 cars in Europe last year, or 87,174 units less than in 2023.

From the beginning of the year, everything indicated that nothing would go right for the American company. The rapid transition to all-electric cars and the discontinuation of some models were a gamble. The rise in the price of electric cars forced buyers to opt for models with combustion engines and hybrids rather than EVs. All this forced many manufacturers to focus more on hybrids, but not Ford, which remained stubborn and therefore recorded a bad year in Europe.

In 2024, Ford had a market share of only 3.3 percent, which is 0.7 percent less than in 2023. Hyundai and Kia are ahead of it, while Volkswagen is the undisputed leader with 10.6 percent. The top 5 are Toyota (7.2%), Skoda (5.9%), Renault Group (5.4%) and Dacia (4.5%).

2025 has just begun and it seems that it will not be much different for Ford from the previous one.

Source: Dataforce

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Ford sold more Mach-Es than Mustangs

Since the Mustang Mach-E hit the market in 2021, few expected it to outsell the combustion engine model. That happened in 2024, when Ford delivered 51,745 units of its first all-electric crossover.

According to the published data for 2024, Ford sold 44,003 units of the legendary Mustang model, which is 7,742 units less than the Mach-E. For many, this is a surprise, because demand for EVs last year was not at the expected level. In fact, demand for the standard Mustang has been falling year after year, and Ford’s decision to quickly switch to an all-electric brand was too hasty. But Ford is stubborn, as demonstrated by the launch of the all-electric Puma Gen-E which will join the hybrid version.

In 2024, sales of the Mustang Mach-E increased by 27 percent compared to 2023. The model had a successful last quarter thanks to 16,119 units sold, an increase of 35.6 percent compared to the same period in 2023.

Ford recently announced the arrival of a new SUV that should be the successor to the EcoSport. It will have a robust and adventurous design, as well as a different driving range. Although it was speculated that only an all-electric version would be offered, there are high chances that both a hybrid and a mild hybrid will be offered, as this is what European customers are most looking for.

Source: Ford