Ford Taunus P1 announce almost as a new car the Ford Taunus 15M which could be profitably produced and sold alongside the car with which it shared virtually every component apart from the engine block and cosmetic touches, including a strongly differentiated front grill, intended to emphasize the differences between the cars to potential customers. The new engine was based on the unit that had originally been developed with a side-mounted camshaft for launch in the 1939 “Buckeltaunus”. Now, however, the originally planned side-valve configuration was replaced, for the first time on a German Ford, with an overhead camshaft. This reflected developments also
Ford Taunus TC in Argentina, and now with the "TC3" nose and its own unique taillights lay-out. These post 1980 Argentine Taunus fast-back coupès also featured improved performance and a refashioned interior: they used the name "Taunus SP" or "Taunus SP 5", the "5" referring to the five-speed manual gearbox now available as an option. Apart from the five speed option, the transmission choice, as for the European Taunus TCs, lay between a four speed manual and, for larger engined cars, a three speed automatic gear box. The Argentine Taunus TC models did not share the European engine range, instead using the similar