HSV said 50 firm orders had been placed for the vehicle, with an unexpectedly high proportion to be for road use.
HSV's desire to build the car to the highest level of safety, engineering integrity and excellence to meet the expected asking price of $215,000 was not achievable at the (restricted) 50-vehicle build level.
HSV said that achieving a road car level of specification would have required significantly higher investment levels and a resultant higher recommended retail price.
Curiously, HSV said it was not prepared to build more than 50 units as this would seriously degrade the exclusivity of the very exciting HRT427, nor it said was it prepared to lower the specifications from that of the original show car intent, which may have diluted the integrity of the concept.
The car was touted as a Porsche GT2 beater and the German marque has no trouble building virtually as many of those cars as the market will take!
HSV expressed great disappointment in not bringing the 427 to market, as the prototype vehicles that were completed had achieved their engineering objectives and vehicle intent.
HSV's General Manager, Chris Payne, confirmed: "The unfortunate and disappointing decision was one purely of business case economics that could not be made viable given our price and customer studies.
"The decision is particularly disappointing as the prototypes already demonstrate the engineering prowess of HSV to develop and build high performance super cars that can compete with the best marques in the world", he added.
HSV which made a show piece of the car at motor shows also blamed the media for creating too much customer expectation, a curious view given the in you face treatment HSV gave to the show car.
HSV built two HRT427 and we can only imagine the bun fight that's now on between high profile collectors to get hold of one of those cars. Don't be surprised if one is already ensconced in transport magnate and avid car collector Lindsay Fox's garage!
HSV said 50 firm orders had been placed for the vehicle, with an unexpectedly high proportion to be for road use.
HSV's desire to build the car to the highest level of safety, engineering integrity and excellence to meet the expected asking price of $215,000 was not achievable at the (restricted) 50-vehicle build level.
HSV said that achieving a road car level of specification would have required significantly higher investment levels and a resultant higher recommended retail price.
Curiously, HSV said it was not prepared to build more than 50 units as this would seriously degrade the exclusivity of the very exciting HRT427, nor it said was it prepared to lower the specifications from that of the original show car intent, which may have diluted the integrity of the concept.
The car was touted as a Porsche GT2 beater and the German marque has no trouble building virtually as many of those cars as the market will take!
HSV expressed great disappointment in not bringing the 427 to market, as the prototype vehicles that were completed had achieved their engineering objectives and vehicle intent.
HSV's General Manager, Chris Payne, confirmed: "The unfortunate and disappointing decision was one purely of business case economics that could not be made viable given our price and customer studies.
"The decision is particularly disappointing as the prototypes already demonstrate the engineering prowess of HSV to develop and build high performance super cars that can compete with the best marques in the world", he added.
HSV which made a show piece of the car at motor shows also blamed the media for creating too much customer expectation, a curious view given the in you face treatment HSV gave to the show car.
HSV built two HRT427 and we can only imagine the bun fight that's now on between high profile collectors to get hold of one of those cars. Don't be surprised if one is already ensconced in transport magnate and avid car collector Lindsay Fox's garage!