SVT survives 

SVT survives

When Ford announced the cancellation of several of its SVT brand’s projects as part of its Way Forward restructuring plans, many could not help but be disappointed. Earlier this week however, Ford Executive Mark Fields announced that Ford’s Special Vehicle Team will survive. It would just be scaled back.

The Dearborn will offer one high-performance Mustang and one high-performance truck in its lineup, Fields said last week at the New York auto show. The automaker also expects to sell 5,000 to 10,000 units of each SVT vehicle annually.

Ford is mum about what kind of truck is in the works or when it would debut. The Shelby GT500, the latest Mustang developed by SVT, is scheduled to go on sale this summer.

Fields also confirmed that SVT and Ford Racing's marketing groups have been combined. He described Ford's performance strategy as a three-pronged approach encompassing SVT, Ford Racing and "personalized performance" aimed at the tuner crowd.

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