'60 Minutes:' Ford and GM's Fight Against Covid -- and Their Battle to Survive
'60 Minutes:' Ford and GM's Fight Against Covid -- and Their Battle t…
Apr 26, 2020
deadlinedetroit.com
Ever wondered why the Ford Pinto became infamous? In the 1970s, Ford rushed the Pinto into production to compete with small Japanese imports. But engineers placed the fuel tank in a vulnerable spot, and in rear-end collisions, it sometimes exploded. Lawsuits and scandals followed, cementing the Pinto's reputation as one of the most dangerous cars ever made. Ironically, sales were strong at first, but the Pinto is now remembered as a lesson in corporate shortcuts and safety failures. | Auto Viral
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Ford and GM built nearly 4 million vehicles in the U.S. last year, but now they’ve stopped making cars to prevent the spread of coronavirus. Both manufacturers have tapped into about $15 billion in private lines of credit to pay their bills. https://cbsn.ws/2KyjmtV | 60 Minutes
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