Why the Ford Edsel Failed

Поделиться
HTML-код
  • Опубликовано: 24 июн 2023
  • Ford Motor Company's Biggest Failure Ever - The Ford Edsel. Dive into the fascinating history and downfall of the Ford Edsel, a classic example of a hyped product failing to meet consumer expectations.
    ▶️ SUBSCRIBE for more business videos: / @houseofbusiness69
    Watch my other recent videos:
    Meta is Challenging Twitter at What They Do Best - • Meta is Coming for Twi...
    How the World's Richest Man Made His First Million - • Video
    From Beats to Billions: Daniel Ek's Spotify Success Story - • From Beats to Billions...
    #ford #Business #fordedsel
    How's Business is the channel for aspiring entrepreneurs and those interested in business. From successful entrepreneurs to spectacular product failures - look no further.

Комментарии • 34

  • @RickTBL
    @RickTBL 4 месяца назад +5

    I love the '58 Edsel. I think the problem was the name. Edsel sounds old-fashioned for 1958. In '59, Buick had Electra and Invicta, much more space-age sounding.

  • @nykolehodges2736
    @nykolehodges2736 5 месяцев назад +4

    These cars do have style... I believe the Edsel would make it in today's world. As a compact car. Yes. I like the Edsel .. unique styling. America missed this one ...

    • @richardrice8076
      @richardrice8076 4 месяца назад

      Fun fact: the '60 Comet was to be the '60 Edsel. But by that time the decision had been made to pull the plug on the Edsel. The Comet was a stand alone model until 1962 when it became the Mercury Comet.

  • @jerry3890
    @jerry3890 4 месяца назад +2

    I've always thought that the biggest problem with the Edsel was it's position in the lineup. Mercury was introduced for the 1938 model year to compete with the Pontiac, GM's lower mid range car. The Edsel needed to be an upper mid range car to compete with Buick and Oldsmobile. People thought of Mercury as a Pontiac equivalent, so was Edsel a Ford plus or Mercury minus. There was no room between Ford and Mercury, but a huge gap between Mercury and Lincoln.

    • @houseofbusiness69
      @houseofbusiness69  4 месяца назад

      This is a great analysis, thanks for contributing!

    • @lancasterritzyescargotdine2602
      @lancasterritzyescargotdine2602 8 дней назад

      When the first Mercury appeared, it was the "Ford Mercury", a luxury model above the Ford Standard and Ford De Luxe lines. For 1940 it was its own line, standing between Ford and Lincoln.

  • @richardrice8076
    @richardrice8076 10 дней назад

    1:06 that's what makes the Edsel story so sad, they had such high hopes for this car including a 1 hour TV special.

  • @chuckinnc4184
    @chuckinnc4184 5 месяцев назад +2

    Great, informative video! Many of these reasons for failure are sounding very familiar to Ford's current failures with EVs.

    • @houseofbusiness69
      @houseofbusiness69  4 месяца назад

      Good point! Perhaps I should make a video on their current EV focus?

    • @lancasterritzyescargotdine2602
      @lancasterritzyescargotdine2602 8 дней назад

      Ford's failed EVs? What about GM's EVs? Name one that didn't go over like a turd in a punch bowl.

  • @Loki91-hc6js
    @Loki91-hc6js Год назад +3

    You just earned yourself a new subscriber, sir!

  • @kevinguitar1224
    @kevinguitar1224 Месяц назад +1

    Not a FORD EDSEL, just Edsel! It was it's own make, same as Mercury.

  • @johntracy72
    @johntracy72 2 месяца назад +1

    Edsel:
    Every
    Day
    Something
    Else
    Leaks

  • @JohnnyFox-je3fr
    @JohnnyFox-je3fr Год назад +1

    Interesting, subscribed!

  • @karancarnwright4312
    @karancarnwright4312 4 месяца назад +2

    I remember everybody made fun of the Edsel!

  • @user-wf8fp3dq2u
    @user-wf8fp3dq2u Год назад +1

    Great video with lots of interesting facts 🤔

  • @kurtnilsson6960
    @kurtnilsson6960 5 месяцев назад +2

    There´s no car named Ford Edsel! It´s Edsel Ranger,Pacer,Corsair,Citation,Bermuda e.t.c. Ford is one car make and Edsel is another.There´s no Ford emblem on an Edsel!

    • @richardrice8076
      @richardrice8076 4 месяца назад +1

      Which was one of a myriad of factors that killed the Edsel. They had no dealer network. Fomoco tried to remedy that in '59 by selling them at Lincoln- Mercury dealers.

    • @lancasterritzyescargotdine2602
      @lancasterritzyescargotdine2602 8 дней назад

      @@richardrice8076 I don't know where you got your baloneyous information, but it's all wrong. By announcement day, Edsel had 1,200 dealers signed up, stocked and ready for business. They consisted of existing Ford and L-M franchises, other makes, used-car lots and newbies. When the car failed, it was merged with Lincoln-Mercury, effective January 1, 1958.

    • @richardrice8076
      @richardrice8076 8 дней назад

      @lancasterritzyescargotdine2602 baloneyous? Wow, will I find that in the dictionary? Merged with Lincoln Mercury? I have to admit I never heard that before.

    • @lancasterritzyescargotdine2602
      @lancasterritzyescargotdine2602 8 дней назад

      @@richardrice8076 You won't find 'baloneyous' in the dictionary for a few thousand years yet!
      The Lincoln-Mercury Division became the M-E-L Division, or Mercury-Edsel-Lincoln Division. After the Edsel was discontinued, it reverted back to Lincoln-Mercury.

    • @richardrice8076
      @richardrice8076 8 дней назад

      @@lancasterritzyescargotdine2602 MEL were the 3 brands sold at the dealer starting in the fall of '58. Before then Edsels were sold at Edsel dealers. The brand soldered on until Nov. of '59. You might have a little more credibility if you weren't making up stupid words. BTW Why would they sell new cars at a used car lot? No manufacturer has ever and never will sell their cars at some shady corner lot.

  • @gmck91204
    @gmck91204 2 месяца назад +1

    The best book on the subject is “Disaster in Dearborn: The Story of the Edsel” by Thomas Bonsall.

    • @lancasterritzyescargotdine2602
      @lancasterritzyescargotdine2602 8 дней назад

      A lot of trusting people paid for Bonsall's book, but he failed to deliver. I am one of those unfortunate victims. When I finally wrote, I received a snotty response from his boyfriend, chastising Edsel owners as ''greedy, uncaring; all they care about is their money," which he said he wouldn't return because he used it to pay for Tom's funeral.

  • @davidrandall7436
    @davidrandall7436 Месяц назад

    I like them. They. Look. 1950s

  • @UsefulAlien
    @UsefulAlien 4 месяца назад

    I can never like the Ford Edsel, way too ugly!

  • @glennmorris1807
    @glennmorris1807 5 месяцев назад

    Edsel was very unattractive - and didn't survive in a Chevrolet World.

    • @richardrice8076
      @richardrice8076 4 месяца назад

      That was the least of Edsels problems. When the blue oval gang realized that people who wanted to step up from Ford but couldn't afford a Mercury were taking their business elsewhere. The Edsel was to be a bridge car. Problem was the cheapest Edsel cost the same as the most expensive Ford and the most expensive Edsel cost the same as the cheapest Mercury. Whoops. Also there was a depression in'58 affecting car sales industry wide.