I bring you the GN34 (what it was known internally as). The two mid-engined prototypes pictured below at Roush are two survivors from the GN34 program, which was going to be Ford's answer to the Corvette. Those two examples don't just have a few Pantera parts on them - they are actually Pantera bodies that were grafted onto fabricated chassis. Take a close look at the doors, roof, and windshield. They took a brand new 1985 gray market Pantera GT5, chop it completely up, and use the body as a basis for a workhorse.
Most of the GN34s were powered by a Yamaha designed SHO V6 engine with a ZF 5 speed (integral bellhousing, perhaps from the BMW M-1?). There were 3.0, 3.2, 3.4, and 3.6 liter versions as the car kept getting heavier. This was the late 80s so some people wanted to make a luxo-cruiser as the Vette was becoming, while the die-hard enthusiasts wanted pure performance with no frills at all. Chissaun (sp?) in France was going to build the production bodies. There were also Ford EXPs used as earlier prototypes - some were 4 wheel drive with a center diff and everything! They had IMSA style fender flares, and you could see the engine through the EXP's bubble hatch glass. (They were just mules)
There was also a show car, called the Miah, done by Ital design, that was purchased, and was also considered for the GN34. The Miah was like a Lotus Europa, only way sexier.
The reason the GN34 was cancelled wasn't that it was overly ambitious – it came down that there was only enough development money at that time for one of two programs - either the GN34, or a "four-door Bronco" as it was called. If Ford would have chosen to continue with the GN34 instead of a "four-door Bronco". Demand for sports cars in the early 90s plummeted, while demand for "four door Broncos" sky-rocketed. The "four door Bronco" was introduced as the Explorer.
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