AMERICAN CLASSIC CAR CLUB AUCKLAND
  • Home
  • News
  • Corkboard
  • Gallery
    • Ellerslie Classic Car Show - 14 February 2021
    • Waipu Classic Car & Bike Show - 7 February 2021
    • Kumeu Classic & Hot Rod Festival - 16 January 2021
    • Xmas @ Bridgewater - 13 December 2020
    • Toy Run - 7 December 2020
    • Piha Bowls - 15 November 2020
    • Bill Tweed shed raid - 25 October 2020
    • Te Aroha Cruise In - 3 October 2020
    • Caffiene & Gasolene - 27 September 2020
    • Packard Museum - 5 & 6th September 2020
    • Willow Glen& Ross Bros - 19 July 2020
    • Huljich Military Shed - 21 June 2020
    • Port Waikato run - 22 March 2020
  • Join us
  • Contact
  • Members only
    • Committee contact details
    • Members contact details
    • 2020 Annual Accounts
    • Club apparel & badges
    • Cruisepaper

A Close Look At What Led To The Shutdown of The Edsel Brand

8/12/2014

0 Comments

 
Picture
We always love it when we pull into a local car show and spot a rare Edsel. Named after Henry Ford’s son Edsel B. Ford, the Edsel was suppose to be Ford’s solution for the marked domination of GM and Chrysler. However, after three production years in ’58, ’59 and ’60. It was abruptly shutdown. So what happened? Why was this wildly awesome car kicked to the curb?

The folks at TIME recently brought up the famous flop and explained it in depth. To start, research and planning took 10 years and cost Ford $250 million. Their spending meant that it was going to have to explode and outsell all other cars in 1957 just to be profitable. Sort of doomed from the beginning. But, with 18 models to choose from and what some deemed “the right personality” this looked like a win for Ford and the family purchasing the Edsel. Sadly, before the first year was up, the sales had dropped by about a third.

So what led to the demise? The TIME report details what was just a combination of bad timing, bad luck, and poor market research for Ford,

“After the decision was made in 1955, Ford ran more studies to make sure the new car had precisely the right “personality.” Research showed that Mercury buyers were generally young and hot-rod-inclined, while Pontiac, Dodge and Buick appealed to middle-aged people. Edsel was to strike a happy medium. As one researcher said, it would be “the smart car for the younger executive or professional family on its way up.” To get this image across, Ford even went to the trouble of putting out a 60-page memo on the procedural steps in the selection of an advertising agency, turned down 19 applicants before choosing Manhattan’s Foote, Cone & Belding. Total cost of research, design, tooling, expansion of production facilities: $250 million.

A Taste of Lemon. The flaw in all the research was that by 1957, when Edsel appeared, the bloom was gone from the medium-priced field, and a new boom was starting in the compact field, an area the Edsel research had overlooked completely.”


Picture
Picture
Its a story that played out with numerous brands in the early automotive days. A changing and aging demographic ultimately led to the shutdown of a wildly unique and cool car. Ultimately, it’s a battle that automakers still have to wage even this day. They have to stay on top of what cars the consumer finds appealing. 250 million sounds like a lot (especially for the 1950’s), but it pales in comparison when a new car is launched today.

But still being able to see these today always brings a smile to our face. They are still sought after by collectors and aficionados alike, and when you catch one in the wild, it’s easy to see why.


Article courtesy of Rod Authority, written by John Gibson.
0 Comments



Leave a Reply.

    Categories

    All
    Classics
    Concepts
    Custom
    Hot Rods
    Interesting Stuff

    Archives

    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    October 2018
    September 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    October 2015
    September 2015
    August 2015
    July 2015
    June 2015
    May 2015
    April 2015
    March 2015
    January 2015
    December 2014
    November 2014
    October 2014
    September 2014
    July 2014
    June 2014
    April 2014
    March 2014
    February 2014
    December 2013
    November 2013

Copyright © ACCCA 2020
  • Home
  • News
  • Corkboard
  • Gallery
    • Ellerslie Classic Car Show - 14 February 2021
    • Waipu Classic Car & Bike Show - 7 February 2021
    • Kumeu Classic & Hot Rod Festival - 16 January 2021
    • Xmas @ Bridgewater - 13 December 2020
    • Toy Run - 7 December 2020
    • Piha Bowls - 15 November 2020
    • Bill Tweed shed raid - 25 October 2020
    • Te Aroha Cruise In - 3 October 2020
    • Caffiene & Gasolene - 27 September 2020
    • Packard Museum - 5 & 6th September 2020
    • Willow Glen& Ross Bros - 19 July 2020
    • Huljich Military Shed - 21 June 2020
    • Port Waikato run - 22 March 2020
  • Join us
  • Contact
  • Members only
    • Committee contact details
    • Members contact details
    • 2020 Annual Accounts
    • Club apparel & badges
    • Cruisepaper