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1976 Pinto Cars Recalled
the car's ashtray might pop up when passing over a bump
:1orglaugh |
I dont think anyone cares about a 34 year old car that was embarrassing to own even when it was new.
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Hey! that was a legend and a must-have-that-car in the late hippie years!
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ford pinto memo key points:
1. With expected unit sales of 11 million Pintos, and a total cost per unit to modify the fuel tank of $11, a recall would have cost Ford $121 million. 2. But, using mathematical formulations of a probable 2,100 accidents that might result in 180 burn deaths, 180 seriously burned victims, and 2,100 burned-out vehicles, the "unit cost" per accident, assuming an out-of-court settlement, came to a probable $200,000 per death, $67,000 per serious injury, and $700 per burned-out vehicle, leaving a grand total of $49.53 million. 3. Allowing the accidents to occur represented a net savings of nearly $70 million. 4. Therefore, a human life was mathematically proven to be worth less than an $11 part. http://www.autosafety.org/uploads/ph...F_FordMemo.pdf |
I used to have an orange one when I was 16...biggest pile of crap, ever!
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