In 1968 the Ford Motor Co. set the value of a life at $200,000

interesting and weird fact about Ford Motor Co:

Did you know? In 1968 the Ford Motor Co. set the value of a life at $200,000. When performing a risk/benefit analysis deciding if fixing a major fuel tank issue was worth paying $11 per car ($137M), or instead paying 200k per death (Est $50M). They didn't fix it, Which nearly ended up costing $145M in court. source

It may be interesting:

27th September 1908: First Model T Ford produced in Detroit.

Henry Ford’s Model T put the world on wheels with a simple, affordable, durable automobile. Ford sold 15 million Model Ts before ceasing production in May 1927, making it one of the best-selling vehicles of all time, and arguably the most famous car in the world.

In 1908, there were only about 18,000 miles of paved roads in the US. To deal with the primitive roads, Ford used light and strong vanadium steel alloy for critical parts. At the time, most of the automobiles in existence were luxurious novelties rather than affordable transport. But to appeal to the mass market, Ford’s vehicle also had to be reliable and easy to maintain. Fortunately for millions of new drivers, it was.

Oldest Ford Car Price: $10,000 - $109,000