GT looks set to be Ford's most expensive car ever

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The Ford GT supercar will be the company's priciest vehicle ever when it goes on sale next year.

Ford hasn't announced the price, but says it will be comparable to the Lamborghini Aventador, which costs around US$400,000 ($550,000).

Ford revealed the carbon fibre GT at the Detroit auto show in January. A spokesman says the company plans to make 250 GTs a year after the car goes on sale in the second half of 2016.

The GT will sit atop Ford's new performance division, which includes the F-150 Raptor pickup and souped-up versions of the Mustang, Focus and Fiesta.

The company plans to introduce 12 high-performance vehicles by the year 2020.

-AP