Did Ford redesign the Pinto?
Did Ford redesign the Pinto?
These included that Ford knew the Pinto was a “firetrap” and said that Ford did not implement design changes because the company’s cost-benefit analysis document showed that paying out millions in damages in lawsuits was less expensive than the design changes.
How many Ford Pintos are still on the road?
Once among the most popular cars in America, the Pinto is now an endangered species! Of the 3 million Pintos manufactured, experts estimate that fewer than 10,000 are still on the road.
How much was a Ford Pinto new?
Pinto was popular with public, branded as “The little carefree car,” and its entry model sold for $1800, to help generate sales of 352,402 for its 1971 run and a high of 544,209 for model-year 1974.
How much would it have cost Ford to fix the Pinto?
In sum, the cost of recalling the Pinto would have been $121 million, whereas paying off the victims would only have cost Ford $50 million. The Pinto went into production in 1970 without the safety modifications.
