Posted 04 August 2008 - 12:13 AM
As an aside, I feel slightly responsible for the GTO existing at all--not the casting, the car itself. One of my last HOT ROD stories was called something like "13 reasons we need this car now" and drove and shot a Holden Ute, which shared driveline and underpinnings with the GTO. Within six months of that blurb on the cover of HOT ROD, the GTO was announced.
Now at JL, I remember GM had something of a bidding war over who got to make this car in scale--and I pushed hard to get it. Companies were invited to somehow prove that they were partial to hyping the GTO in all its iterations. With the new 68-9 casting, a recent '64 casting, and the '67 and '71 still in circulation, our plan was to show GM that we not only had the range, and that we were willing to tool up for not only the new 04 model, but for the '73 GTO (which could also be done as a Grand Am) also. An odd choice perhaps, but a calculated one that helped explain the depth of JL's casting bank. JL got the license, and there were a lot of GTO models across the range in 2003-4 as "support" (ie, more money in GM's pockets).
When the car was announced in 2002, it was to be a $25,000 car with 350hp. Alas, post-9/11 exchange rates with Australia jacked the price to $35,000, making it more competitive with BMWs (allegedly) than with the Mustangs it very easily would have blown out of the water, given the price. When the real car came to these shores, it flopped. And so did the model. And I ended up looking stupid, twice.
jk