We posted a blog earlier this week about the Ford Motor Company’s new Falcon and how it’s going to be an exciting addition to the Australian auto market. But I think we only scratched the surface regarding the tremendous interest this updated model will create.  Here are some more facts about the Falcon. Even though it probably won’t be making its way to the North American market any time soon, it’s going to be one of the better Ford vehicles abroad.

• The new FG Falcon shares less than 10 percent of its new design and parts with the older models. That means it’s almost completely revamped to keep it competitive with today’s innovations.

• Engineers at Ford worked on developing this new model for about four years at a cost of nearly $500 million. Ford executives haven’t confirmed these figures, though, as they are being secretive about it.

• The unveiling at the Melbourne Convention Center was full of glitz and glamour as the automaker secretly transported the car to the venue and then dramatically lowered it from the ceiling onto a specially-designed platform.

• The Falcon comes with increased safety features, including electronic stability control as standard equipment, curtain airbags in the front and rear and better fuel efficiency than its predecessors.

According to Tom Osborn, Chief of Ford Australia, the new Falcon will likely be the single model that brings consumers back to Ford as their “dealer of choice” when it comes time to invest in a new car.