Quick Answer: What Did The Ford Pinto Cost Benefit Analysis Find?

Was the Ford Pinto really that bad?

Ford neglected to add reinforcements to protect the easily ruptured fuel tank, endangering drivers while earning the Pinto a reputation for catching fire that persists today.

And arguably the most dangerous fuel tank of all time was the rear-mounted vessel installed on the 1971 through 1976 Ford Pinto..

What country owns Ford?

AmericanFord Motor Company, commonly known as Ford, is an American multinational automaker that has its main headquarters in Dearborn, Michigan, a suburb of Detroit. It was founded by Henry Ford and incorporated on June 16, 1903.

What was the outcome of the Ford Pinto case?

A. The impact ignited a fire in the Pinto which killed Lily Gray and left Richard Grimshaw with devastating injuries. A judgment was rendered against Ford and the jury awarded the Gray family $560,000 and Matthew Grimshaw $2.5 million in compensatory damages.

How much money did Ford lost in the Pinto case?

Ford Motor Co. wishes he had stayed on the links. Last week, jury foreman Quinn read in state Superior Court here a verdict assessing $125 million in punitive damages against Ford in a case involving the rupour and explosion of the fuel tank on a 1975 Pinto.

What moral issues does the Pinto case raise?

Ford Pinto case raises moral issue regarding withholding information and ignoring human rights for the sake of earning profit. Pinto used the data from NHSTA to analyze the cost-benefit analysis, and they ignore the safety of their customers.

Is cost benefit analysis a legitimate tool?

The cost benefit analysis is considered as a legitimate tool because; it is a method to compute the costs and the benefits of a project and also to decide which action to be performed.

How many Ford Pintos are still on the road?

Once among the most popular cars in America, the Pinto is an endangered species. Of the 3 million Pintos manufactured, experts estimate that fewer than 10,000 are still on the road.

Why did the Ford Pinto fail?

In April, 1974, the Center for Auto Safety petitioned the National Highway Traffic Safety Administration to recall Ford Pintos due to defects in the design of the strap on gas tank which made it susceptible to leakage and fire in low to moderate speed collisions.

Is Ford bringing back the Pinto?

Embattled car-maker Volkswagen plans to bring back the AMC Gremlin, Ford Pinto, and Chevy Vega so that its own vehicles that have been illegally pumping toxic pollutants into the air for years will suddenly look good by comparison. … They are generally considered the worst cars ever built.

What is Ford best known for?

What Makes Ford Cars Special? Ford is a legendary car company. It’s perhaps best known as the first auto manufacturer to automate production with an assembly line, pay workers a so-called fair daily wage, and produce a vehicle for the mass-market everyday consumer.

How much horsepower does a Ford Pinto have?

Ford Pinto engineCooling systemWater-cooledOutputPower output54–205 hp (40–153 kW)Torque output90–240 N⋅m (66–177 lb⋅ft)20 more rows

Why did Ford want to launch the Pinto so fast?

Fighting strong competition from Volkswagen for the lucrative small-car market, the Ford Motor Company rushed the Pinto into production in much less than the usual time. Ford engineers discovered in pre-production crash tests that rear-end collisions would rupture the Pinto’s fuel system extremely easily.

What’s the worst car ever made?

Contents4.1 VAZ-2101/Lada Riva/Zhiguli (1970–2013)4.2 AMC Gremlin (1970–78)4.3 Chevrolet Vega (1971–77)4.4 Ford Pinto (1971–80)4.5 Morris Marina (1971–80)4.6 Vauxhall HC Viva “Firenza” (Canada) (1971–73)4.7 Lancia Beta (1972–84)4.8 Reliant Robin/Rialto (1973–2002)More items…

Why did Ford Pintos explode?

The 1971 Ford Pinto was rushed into production to fight imported sub-compact cars. … The poor design of the Pinto’s fuel tank and rear end made it vulnerable to crashes, even at low speeds, in which the fuel tank would suffer extreme damage and catch on fire, often trapping the car’s occupants inside.

What was the first Ford?

Model T FordOn October 1, 1908, the first production Model T Ford is completed at the company’s Piquette Avenue plant in Detroit. Between 1908 and 1927, Ford would build some 15 million Model T cars. It was the longest production run of any automobile model in history until the Volkswagen Beetle surpassed it in 1972.

Is Ford a good buy?

Ford Motor (F) is one of the few US publicly traded auto stocks with attractive returns this year. With a 17% year-to-date gain, the stock has outperformed most of its peers. … However, Ford has underperformed the Dow Jones and S&P 500, which are up 18.5% and 24.2% this year, respectively.