Ford Revives Mach 1 Nameplate In The Form Of A Performance Hybrid

Jan 16, 2018, 01:10
Ford Revives Mach 1 Nameplate In The Form Of A Performance Hybrid

The company's chairman, Bill Ford, announced the plans at the Detroit auto show.

After the pioneer of electric vehicles Tesla outperformed Ford a year ago at market value, the second-largest carmaker in the United States changed the then CEO Mark Fields.

Seeing that we are days away from the Detroit Auto Show, we can't help but to see the ST teaser as a reference to the next-gen Ford Mustang Shelby GT500.

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"The 11 billion Dollars that you see means that we are betting all-in", said executive chairman of Ford Motor, William Clay Ford.

From the 40 electrified vehicles Ford plans for its global lineup by 2022, 16 should be fully electric and the rest will be plug-in hybrids, executives said. We already know that the confirmed hybrid Mustang will come with "V8 power and even more low-end torque", so here's hoping the Mach 1 will feature some of the same. His deputy James Hackett vowed to cut costs and eliminate some of the cars in the series to redirect the company's future to pickup, SUV and electric vehicles.

"Tesla faces real competition", said Mike Jackson, chief executive of AutoNation Inc, the largest USA auto retailing chain. (F) said that it will now spend $11 billion on electrified vehicles through 2022, increasing its previous estimates.

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Ford is getting prepared for tougher pollution standards in countries all around the world, as China, UK, France, and Germany have already planned, or are planning, to ban the sale of conventional combustion engine vehicles. We will update you once we get an official answer on the matter.

In October, Ford CEO Jim Hackett outlined the firm's shift in focus to mobility, connectivity, and retooling manufacturing, much of which revolves around smart vehicles.

Ford said it plans to start selling an all-electric high-performance SUV in 2020 called the Mach 1.

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