New Ford GT details: High price, low production

We're well more than a year away from the first Ford GT going into a customer's hands, a timeline that's led Ford to dispense details about the supercar with an eyedropper. Today, Ford reveal two key data points — the production figures and a strong hint about its price — which puts the GT into clearer focus. If you own a Lamborghini dealership, 2016 may be a rough year.

Ford says it will assemble 250 GTs a year, with final assembly at supplier Multimatic's plant in Canada, which will handle the carbon-fiber and aluminum chassis. Ford stopped short of saying how many years production will run, although Dave Pericak, head of Ford's Performance unit, did say on Monday that total GT production would total in the "hundreds, not thousands."