Modern Era · North America · Technology
1957
Ford Edsel fails
September 4, 1957
After two years of hype, Ford unveiled the Edsel, a new mid-priced car named after Henry Ford's son. Consumers mocked its horse-collar grille and stayed away. Ford killed it after two and a half years and two hundred and fifty million dollars in losses. Edsel became a permanent American synonym for a product failure.
In context
Also in 1957 (5 other events on record)
- Sputnik orbits Earth · Central Asia · Science
- Ghana gains independence · Africa · Politics
- Treaty of Rome creates Common Market · Europe · Politics
- Little Rock Nine · North America · Politics
- On the Road published · North America · Culture
Before and after in North America
Before and after in Technology
Era
Modern Era (1901–2000), one of 590 events from that era on Saeculum.
Sources