BUSINESS

Ford GT Supercar To Be Built In Canada By Ontario's Multimatic (PHOTOS)

02/12/2015 10:53 EST | Updated 04/15/2015 05:59 EDT
Richard Lautens via Getty Images
DETROIT, MI - JANUARY 12: A rear view of the new Ford GT. The North American International Auto Show opened to the media at Cobo Hall in Detroit. Around 40 new models were introduced. (Richard Lautens/Toronto Star via Getty Images)
TORONTO - The Ford GT, the automaker's hot new high-performance supercar, will be built in Ontario in a partnership with Multimatic Inc.

Ford Canada president and chief executive Dianne Craig says the automaker has 30 years of experience working with Markham, Ont.,-based Multimatic.

Craig made the announcement at the Canadian International Auto Show in Toronto but did not provide any details about how many of sleek sports cars Ford expects to make in Canada or if any new jobs would be created.

Production of the new car is not expected to start until the end of 2016.

Multimatic produces parts and components for automakers. It also has a motorsports division that provides engineering and race program management.

Ford unveiled the new GT at the Detroit auto show last month.

It has a twin-turbocharged 3.5-litre EcoBoost V6 engine that produces more than 600 horsepower, advanced aerodynamics and a deployable rear spoiler.

Check out the new Ford GT:

Ford GT Supercar