"The BA Falcon has been an incredible success story for the company and the MkII update will build on that success," Marketing and Sales Vice President Bruce McDonald said.

"We have incorporated a large range of customer focussed features in the Falcon MkII range, spearheaded by a new six-speed manual transmission engineered by the Ford Australia team to complement the superb driving dynamics of our XR6 Turbo and XR8 models.

"Creature comforts such as cruise control and automatic headlamps are now standard across the Falcon passenger range.

"Futura now boasts side airbags and power adjustable pedals and the XR6 and Fairmont Ghia feature stylish new 17-inch alloy rims."

McDonald emphasised the value package of the MkII range, with the average increase across the range kept to just 0.8 per cent.

"The combination of exciting locally designed and engineered product and a sharp pricing strategy will further consolidate the success of the outstanding Falcon range," he said.

BA Falcon MkII recommended retail pricing:*

Falcon XT sedan - $34,255
Falcon XT wagon - $36,960
Futura sedan - $38,260
Futura wagon - $40,345
Fairmont sedan - $42,965
Fairmont Ghia sedan - $51,755
Falcon XR6 sedan - $38,655
Falcon XR6 Turbo sedan - $46,350
Falcon XR8 sedan - $51,275

*Pricing excludes dealer delivery and statutory charges