The company says it has been designed for the European and American markets, and more specifically, for driving enthusiasts. It features a Ford Duratec 2.0-litre engine - seen in some variants of the Ford Fiesta - that has been turbocharged. The lightweight sportscar will offer 179kW of power and deliver 0-100km/h times of 5.9 seconds and a top speed of 230km/h.
It's certainly no powerhouse but for a first attempt at the sportscar market, and as a first attempt as an independent Mexican manufacturer, it's isn't too bad at all. The company itself is owned by two brothers, Daniel and Carlos Mastretta, who own a company called Tecnoidea. This Tecnoidea company has been responsible for the designs of many Mercedes-Benz and International buses over the past 20 years; so they know a thing or two about the automotive industry.
The bodywork kind of looks like a Lotus Elise, only sharper. The car also showcases the same lightweight mentality as a Lotus, and is made from exotic materials, including aerospace-grade aluminium. The MXT features interior comforts as well though, unlike the Lotus, and includes things like sat-nav and power controls.
Mastretta unveiled the MXT at this year's Paris motor show where it generated a large amount of interest. The company say it is planning to produce around 100 of the MXTs next year for international markets. Prices will start at US$55,000 (AU$56,224 ).