Images, video and audio from this Web site are provided without login for the purpose of editorial use only.
You must contact firstname.lastname@example.org to obtain approval for advertising, marketing or other commercial users.
Ford Media Center
On May 19, 2018, Mecum Auctions presented a limited edition 2017 Ford GT for auction at its Spring Classic Auction in Indianapolis, Indiana, attracting global media attention that potentially caused confusion with Ford GT owners and the general public.
Ford brought action against Mecum in Marion County, Indiana. Ford and Mecum are pleased to announce that all matters subject of the litigation have been resolved and settled on terms that are designed to promote mutual good will and business respect.
The litigation settlement clears up any lingering confusion that surrounds the Ford GT ownership agreement and its enforceability. While the terms of the settlement agreement are and will remain confidential, Mecum and Ford agree as follows:
Final orders dismissing all matters in controversy have been entered by the Marion County Commercial Court. Ford and Mecum jointly urge that all original purchasers of Ford GTs abide by the terms of their agreements in order to avoid controversy.
Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, that is committed to helping build a better world, where every person is free to move and pursue their dreams. The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with customers to enrich experiences for and deepen the loyalty of those customers. Ford develops and delivers innovative, must-have Ford trucks, sport utility vehicles, commercial vans and cars and Lincoln luxury vehicles, as well as connected services. Additionally, Ford is establishing leadership positions in mobility solutions, including self-driving technology, and provides financial services through Ford Motor Credit Company. Ford employs about 182,000 people worldwide. More information about the company, its products and Ford Credit is available at corporate.ford.com.