Latest news with #FordMustangGTD
Miami Herald
07-05-2025
- Automotive
- Miami Herald
Ford Warns of Massive Tariff Profit Loss for 2025
Business Ford Warns of Massive Tariff Profit Loss for 2025 Inside Ford's tariff damage control Ford has pulled its annual guidance after reporting its Q1 earnings, noting tariffs will cost the company about $1.5 billion in revenue before interest and taxes. The U.S. tariffs on imported vehicles and parts are predicted to add $2.5 billion to Ford's overall 2025 costs, but the automaker lowered this figure by around $1 billion through actions like moving vehicles from Mexico to Canada with bond carriers so they don't face levies, Reuters reports. Bond carriers are transportation companies authorized by customs to move goods across international borders under a customs bond, allowing shipments to cross into the U.S. without immediately being subject to customs duties or tariffs at the border. Ford also mitigated tariff impacts by halting exports to China, but will continue using the country as an export hub to regions like Australia, South America, and other areas with favorable trade relations, according to the Detroit Free Press. Getty The Michigan-based auto manufacturer gave four material reasons for pulling its 2025 guidance. These reasons include an industry-wide supply chain disruption impacting production, additional or increased U.S. tariffs, changes in tariff implementation, the possibility of retaliatory tariffs from other countries or other restrictions, and uncertainty surrounding tax and emission policy, MarketWatch reports. Ford noted that its forecast of a $1.5 billion projected tariff hit during 2025 is subject to ongoing policy developments. The automaker expects to update Wall Street on its 2025 guidance when reporting its Q2 earnings around mid-summer. Related: Ford Mustang GTD's Nürburgring Lap Time Is Stunning Ford Q1 Results Earnings per share at Ford declined to 14 cents during Q1, down from 49 cents year-over-year, but London Stock Exchange Group analysts expected this figure to be significantly lower at two cents per share. Ford's net income dropped from $1.3 billion a year earlier to $471 million, and its gross revenue fell 5% to $40.7 billion, which still beat the $36 billion expectation. Ford cited production disruptions with numerous product launches at several plants as negatively impacting Q1 results, but better-than-expected figures for January-March helped ease tariff uncertainty. The automaker made progress throughout Q1 by fulfilling cost reduction and quality improvement goals, which are keeping the company on pace to deliver $1 billion in net cost reductions for 2025, excluding tariff impacts. Ford Final thoughts Ford's CEO, Jim Farley, highlighted how automakers with the most significant U.S. footprint will have a big advantage against tariffs, and said that Ford is one of them. However, Ford's footprint isn't as large as some may imagine. Aside from its Mustang, Ford doesn't produce any sedan or compact car models in the U.S., and one of the company's executives noted how trouble with a few parts could have a highly detrimental impact. Ford's Chief Operating Officer, Kumar Galhotra, said during the company's Q1 earnings call: "The rare earth materials from China, for example, how they are imported, not just for us, but for the entire industry, has become rather complicated over the last few weeks. It would take only a few parts to potentially cause some disruption into our production," according to Insider Media. General Motors also suspended its 2025 financial guidance after Q1 and is facing steeper losses as high as $5 billion. Related: Performance Wagons Are Hotter Than Ever: Could Dodge Revive the Magnum R/T to Capitalize? Copyright 2025 The Arena Group, Inc. All Rights Reserved. This story was originally published May 7, 2025 at 11:34 AM.
The Advertiser
06-05-2025
- Automotive
- The Advertiser
Ford Mustang GTD sets another Nürburgring record
The Ford Mustang GTD has beaten its previous Nürburgring lap time, cementing its position as the fastest US-made car and the fifth fastest production car around the legendary German track.
Perth Now
06-05-2025
- Automotive
- Perth Now
Ford Mustang GTD sets another Nürburgring record
The Ford Mustang GTD has beaten its previous Nürburgring lap time, cementing its position as the fastest US-made car and the fifth fastest production car around the legendary German track. The Mustang GTD – a road-registrable, track-focussed version of the legendary Pony car – lopped a significant 5.5 seconds off its previous best, posting a 6:52.071 time over the 20.8km Nordschleife layout. In terms of production cars, only the Mercedes-AMG One (6:29.090), Porsche 911 GT2 RS with Manthey Performance Kit (6:43.300), Mercedes-AMG Black Series (6:29.090) and Porsche 911 GT3 RS (6:49.328) have gone faster. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. Supplied Credit: CarExpert The faster lap time saw the Ford jump the Porsche 911 GT3 with Manthey Performance Kit to officially become the fourth-fastest production car around the 'Ring. The carmaker said the faster lap came courtesy of a recalibrated powertrain, stiffer chassis, retuned ABS and traction control settings, as well as minor body changes to refine the GTD's aero package. There was also time left on the table for Mustang GTD's second run, given efforts at its 2024 visit to the circuit were hampered by changing weather conditions limiting Ford factory driver Dirk Muller. The Nürburgring Nordschleife, located in the Eifel Mountains, is used by carmakers globally to develop vehicles, its impressive length more than triple the distance around Mount Panorama, Bathurst, in Australia. Supplied Credit: CarExpert The German circuit's wide array of different corner types across its undulating layout serves up a true test for vehicle dynamics, punishing vehicle brakes, steering, suspension and tyres. Revealed in early 2024, the GT3-inspired Mustang GTD made its racing debut at last year's 24 Hours of Le Mans and took its first victory at the Rolex 24 at Daytona endurance race in January 2025. Road-car production of the Mustang GTD is set to kick off by the middle of 2025 as it hits US showrooms at around $US300,000 ($A465,000). Ford has confirmed the GTD will only be made in left-hand drive and therefore won't be sold in Australia. The Ford Mustang was Australia's most popular sports car from 2016 to 2022, overtaken by the Subaru BRZ in 2023 and relegated to third after the BMW 2 Series toppled the BRZ in 2024.
7NEWS
06-05-2025
- Automotive
- 7NEWS
Ford Mustang GTD sets another Nürburgring record
The Ford Mustang GTD has beaten its previous Nürburgring lap time, cementing its position as the fastest US-made car and the fifth fastest production car around the legendary German track. The Mustang GTD – a road-registrable, track-focussed version of the legendary Pony car – lopped a significant 5.5 seconds off its previous best, posting a 6:52.071 time over the 20.8km Nordschleife layout. In terms of production cars, only the Mercedes-AMG One (6:29.090), Porsche 911 GT2 RS with Manthey Performance Kit (6:43.300), Mercedes-AMG Black Series (6:29.090) and Porsche 911 GT3 RS (6:49.328) have gone faster. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. The faster lap time saw the Ford jump the Porsche 911 GT3 with Manthey Performance Kit to officially become the fourth-fastest production car around the 'Ring. The carmaker said the faster lap came courtesy of a recalibrated powertrain, stiffer chassis, retuned ABS and traction control settings, as well as minor body changes to refine the GTD's aero package. There was also time left on the table for Mustang GTD's second run, given efforts at its 2024 visit to the circuit were hampered by changing weather conditions limiting Ford factory driver Dirk Muller. The Nürburgring Nordschleife, located in the Eifel Mountains, is used by carmakers globally to develop vehicles, its impressive length more than triple the distance around Mount Panorama, Bathurst, in Australia. The German circuit's wide array of different corner types across its undulating layout serves up a true test for vehicle dynamics, punishing vehicle brakes, steering, suspension and tyres. Revealed in early 2024, the GT3-inspired Mustang GTD made its racing debut at last year's 24 Hours of Le Mans and took its first victory at the Rolex 24 at Daytona endurance race in January 2025. Road-car production of the Mustang GTD is set to kick off by the middle of 2025 as it hits US showrooms at around $US300,000 ($A465,000). Ford has confirmed the GTD will only be made in left-hand drive and therefore won't be sold in Australia.
ArabGT
05-05-2025
- Automotive
- ArabGT
New Nürburgring Record Puts Mustang GTD Among Supercar Giants
On May 2, 2025, the Ford Mustang GTD etched its name deeper into automotive legend by demolishing its own lap time on Germany's infamous Nürburgring Nordschleife, clocking a blistering 6 minutes and 52.072 seconds. This remarkable achievement cements the GTD's status as the quickest American production vehicle ever to tame the 20.8-kilometer circuit. This latest record represents a substantial leap from the Mustang GTD's previous best of 6:57.685, recorded in August 2024—when it had already made headlines as the first American car to dip below the seven-minute barrier on the Nordschleife. Behind the wheel once again was veteran racing driver Dirk Müller, who managed to shave 5.613 seconds off the earlier mark, pushing the GTD even closer to the upper echelon of global supercars. With this new milestone, the GTD—Ford's most track-focused and expensive Mustang ever—now ranks as the fourth-fastest production car to ever lap the Nürburgring. It eclipses icons like the Porsche 918 Spyder (6:57), Ferrari 296 GTB, Lamborghini Aventador SV, and the Porsche 911 GT3 (6:59.927). Only three cars remain ahead in the record books: the Porsche 911 GT3 RS (6:49.328), Mercedes-AMG GT Black Series (6:48.047), and the lightning-quick Porsche 911 GT2 RS equipped with the Manthey Racing package (6:43.300). What makes the Mustang GTD's performance so striking is that it stands toe-to-toe with elite European machines purpose-built for circuit domination—despite originating from a platform deeply rooted in American muscle car heritage. Its success underscores Ford's bold engineering, blending raw V8 power with cutting-edge technology. A number of key factors contributed to the GTD's record-shattering run. Unlike the warmer, less optimal conditions of its 2024 attempt, the May 2025 run benefited from cooler temperatures and enhanced grip, ideal for maximum tire performance. Mechanical updates also played a crucial role. Ford refined the supercharged 5.2-liter V8's calibration to unleash more consistent power delivery—surpassing 800 horsepower—while reengineering elements of the chassis to enhance structural rigidity and improve driver feedback through corners. Additionally, Ford fine-tuned the car's braking system and traction control to deliver sharper, more stable handling under extreme loads. Advanced aerodynamic tweaks, including adjustments to the active aero system, significantly increased downforce, enabling greater speed and control through the Nordschleife's demanding turns. Importantly, these upgrades aren't confined to Ford's test cars—buyers of the production GTD will benefit from the same advanced systems. This Nürburgring triumph isn't just a publicity win—it symbolizes Ford's ambition to lead in the high-performance world. Unlike rivals that develop track-focused cars with limited road relevance, Ford has reimagined the Mustang as a true global supercar through the GTD, integrating race-grade components like a carbon fiber body, adaptive suspension, and active aero technology. While the full onboard video of the 6:52.072 lap hasn't been released yet, Ford has shared a teaser clip that offers glimpses of Müller's masterful drive—building anticipation ahead of the full release. As the Mustang GTD continues to shatter expectations and records alike, it stands as a powerful reminder that American engineering is more than capable of challenging the world's most revered performance machines—on their own turf. Watch the Clip:
