Did Ford lie about the Pinto?

Cosentino charged that in 1977 Ford lied to and concealed information from the National Highway Traffic Safety Administration, which had opened an investigation into Pinto fuel tank design problems. That investigation ultimately led to a Ford recall, under government pressure, of 1.5 million 1971-76 Pinto sedans.

Who died in the Ford Pinto?

In 1978, I had the honor to represent victim Richard Grimshaw in his negligence and injury case against Ford. Mr. Grimshaw, who suffered terrible burn injuries was awarded more than $128 million in the largest product liability verdict ever at the time.

Are there any Ford Pintos left?

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.

Who was responsible for the Ford Pinto case?

There was ample evidence to support a finding of malice and Ford’s responsibility for malice. Through the results of the crash tests Ford knew that the Pinto’s fuel tank and rear structure would expose consumers to serious injury or death in a 20- to 30-mile-per-hour collision.

How many people died in the exploding Pinto?

Deaths and Injuries Lead to Litigation An official total of 27 deaths was tied to the vehicle, though some estimates are far higher. Of course, even at the conservative end of the spectrum, 27 preventable fatalities caused by a car with a propensity to explode and burn is still 27 too many.

How much money did Ford lose on the Pinto?

In the Richard Grimshaw case, in addition to awarding over $3 million in compensatory damages to the victims of a Pinto crash, the jury awarded a landmark $125 million in punitive damages against Ford. The judge reduced punitive damages to 3.5 million.

How many Ford Pinto blew up?

Based on historical documents, Ford first performed rear end collision testing on the Pinto way back December 1970, months after it was currently in production. At first, a total of 11 crashes were conducted, and in 8 instances, the gas tanks ruptured and burst into flames.

Was the Ford Pinto a death trap?

As a consequence, the Pinto was so vulnerable to disastrous fires in rear-end collisions that the car was a “death trap.” Even though Ford managers knew about the dangers of the car, they made a deliberate decision not to modify the design, because doing so would harm corporate profits.

How much is a Ford Pinto worth today?

Q: What is the average sale price of a Ford Pinto? A: The average price of a Ford Pinto is $9,568.

Did Lee Iacocca design the Pinto?

Lido Anthony “Lee” Iacocca (/ˌaɪ. əˈkoʊkə/ EYE-ə-KOH-kə; October 15, 1924 – July 2, 2019) was an American automobile executive best known for the development of the Ford Mustang and Ford Pinto cars while at the Ford Motor Company in the 1960s, and for reviving the Chrysler Corporation as its CEO during the 1980s.

Was Ford found guilty in the Pinto case?

Ford Motor Co. was acquitted of reckless homicide by the Pinto jury today after 25 hours of deliberation. The verdict climaxed the 10-week trial of the first American corporation criminally prosecuted in a product defects case.

Did the Pinto really explode?

The Pinto’s gas tank ruptured, releasing gasoline vapors that quickly spread to the passenger compartment. A spark ignited the mixture, and the Pinto exploded in a ball of fire.

How much is a human life worth Ford?

In contrast, Ford figured that 2,100 accidents would result in 180 burn deaths. They then determined that out of court settlements would amount to $200,000 for each life lost, $67,000 per serious injury, and $700 for each lost vehicle.

Why did Ford lose so much money?

DALLAS (AP) — Ford Motor Co. reported Wednesday that it lost $3.1 billion in the first quarter, weighed down by its investment in an electric-vehicle startup, and its revenue slid as a shortage of chips limited the supply of pickups and SUVs in North America.

How much is a Ford Pinto worth?

A: The average price of a Ford Pinto is $9,568.

What happened to the Pinto?

The Pinto, a subcompact car made by Ford Motor Company, became infamous in the 1970s for bursting into flames if its gas tank was ruptured in a collision. The lawsuits brought by injured people and their survivors uncovered how the company rushed the Pinto through production and onto the market.

Do they still make Pinto cars?

The final production year was 1980, as Ford Escort replaced Pinto in the Blue Oval lime-up. But for 10 years, Pinto was a huge part of American automotive consciousness, with 3,173,491 models built, but cut from the line well before its predicted 11-million-unit build-and-sale.

How much did a Ford Pinto cost in 1971?

$2,062
A hatchback became available on February 20, 1971, debuting at the Chicago Auto Show. In 1971, the Pinto brochure came with a paper cutout Pinto that one could fold to make a 3D model. Marketed as the Runabout, the hatchback went on sale five days later, priced at $2,062 ($13,797 in 2021 dollars).

Where is Lee Iacocca now?

Later life and death Iacocca resided in Bel Air, Los Angeles, California, during his later life. He died on July 2, 2019, at his home in Bel Air, at the age of 94. The cause was complications of Parkinson’s disease.

Is Lee Iacocca still living?

July 2, 2019Lee Iacocca / Date of death