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- Hello, I'm Dale Earnhardt Jr.
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Like many Americans,
there are few things
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that touch my life on a
daily basis more than cars.
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00:00:08,480 --> 00:00:10,340
This evening,
along with History,
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I'm proud to present
to you part three
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of the epic story of the
most American of machines.
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Whether for work or play,
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for short drive or a
cross country trip,
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cars are a vital part
of American life.
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For some, they're a tool,
for others, a statement,
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and for a select
few, an obsession,
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00:00:28,030 --> 00:00:29,490
but no matter the
role they play,
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there's no doubt they've
shaped out country
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in ways that nothing else has.
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This is the story of how
the car made America.
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- [Narrator] Previously on
the Cars That Made America,
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in the first half
of the 20th century,
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the world has seen
a drastic change.
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The modernization of America
driven by the railroad,
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oil, and steel is connecting
people as never before
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and building modern cities,
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but nothing helped
create the America
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we know today more than the car.
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These vehicles are responsible
for the national road system,
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the assembly line,
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the middle class,
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and the suburbs.
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But the 1940s will see an end
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to the greatest conflict
the world has ever known
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and as the nation turns
its attention inward,
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Americans once again
demand innovation
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as a new buzz word soon captures
their attention:
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modernization.
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The Big Three react
by empowering young designers
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to create new visions
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as the cars influence
on America expands.
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As Ford,
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Chevrolet,
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Dodge,
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and Chrysler
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give way to Delorean
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and Iacocca,
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as the innovators that
pave the way.
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(engines rumbling)
(cannons firing)
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World War II begins with
the battle lines drawn
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between good, the Allies,
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and evil, the Axis.
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(speaking in German)
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The Nazis' secret
preparation for war
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gives them a huge head start
on building massive arsenal.
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The U.S. knows the
Allies must close the gap
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if they are to win the war.
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They turn to an
unlikely partner,
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the Big Three for help.
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- We'll have 20,000 ready
by the end of the month.
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Country's in good hands.
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- The United States became
the arsenal of democracy,
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not solely in the United States,
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but of Britain,
the Soviet Union,
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and America's other allies,
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and so, Detroit became ground
zero for the most astonishing
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economic production
performance in history.
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Just as they had been
cranking out millions of cars,
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now they crank out millions
of weapons and vehicles
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- [Narrator] In
addition to producing
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over 300,000 tanks and trunks,
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the Ford Motor Company
led by Edsel Ford
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promises the government a
new B24 bomber every hour.
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- Bear in mind that
when this decision
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was made to build bombers,
there was no plan.
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So, Henry Ford's son Edsel
worked day and night on them
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and within 18 months built
a brand new bomber plan
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and started making bombers.
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- [Narrator] But soon after,
tragedy strikes at Ford.
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With his son Hank
on duty in the Navy,
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Edsel dies of stomach
cancer at age 49.
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- Edsel ran Ford
Motor Company well.
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As a matter of fact, Edsel
Ford saved the company
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while his father bucked
him over and over.
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- We need to progress
or we'll be left behind.
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- If your goal is
to convince me,
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it's been a pathetic attempt.
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(tense music)
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(mellow music)
(birds chirping)
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- We're gonna be late, Henry.
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You're never late.
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- Just a minute.
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(somber music)
(sniffling)
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- After Edsel's death,
Henry himself was in a daze
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and kept saying, I wanted
him to stand up to me,
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that's what I wanted all
this time, and he never did.
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Clara was truly
horrified by it all.
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She held Henry responsible
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because she thought that he
treated their son so badly.
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- Henry really took it hard.
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He blamed himself for his death.
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He was walkin' along in a fog,
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and frankly, for several
years, there had been problems
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that Henry was getting a little
bit of dementia setting it.
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(birds chirping)
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- [Narrator] Shortly
after his son's death,
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Henry Ford steps back in to
take control of the company.
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(tense music)
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- Mr. Henry Ford has asked
me to read the following,
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"To Whom It May Concern,
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"in response to the untimely
death of my son, Edsel,
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"I will once again
assume the role
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"of president of the company
I founded 40 years ago.
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"Effective immediately."
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- [Board Member] The
next thing you know,
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we'll be making Model Ts again.
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It'll kill the stock price.
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- It was the Model T
that built this company,
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and don't any of
you ever forget it.
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- Ford suffered from
the characteristics
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of what made him successful.
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He believed that he knew
better than other people.
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Great entrepreneurs almost
always have this trait,
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but there's a fine line
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between self-confidence
and arrogance.
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- Henry Ford was autocratic,
dictatorial, selfish,
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ruthless, and wanted complete
control of his company.
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- [Narrator] The turmoil at Ford
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coupled with the demands
of wartime production
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make President Franklin
Roosevelt very nervous.
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00:07:28,180 --> 00:07:31,550
Knowing how badly he needs
the Big Three to win the war,
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he appoints former car
maker William Knudsen
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general to fix the problem.
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Knudsen knows the
turmoil at Ford
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can only be stopped by
a change at the top.
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- [William] Hank.
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- [Narrator] And
quickly finds a solution
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that he knows Henry
will agree to.
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- Please have a seat.
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I have pulled a few
strings around here.
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Son, you're going home.
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- Home, sir?
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- Ford's manufacturing capacity
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is too important
to the war effort.
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00:08:16,430 --> 00:08:20,230
- If it's all the same, sir,
I'd prefer to serve my country.
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- Hank, someone needs
to take the reins
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from your grandfather
and that madman Bennett.
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The best way for you to serve
your country is at Ford.
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- Well, if those
are my orders, sir,
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I'll do everything I can.
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(tense music)
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- [Commentator] The
government was worried
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about the company
being in total chaos.
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- [Narrator] Hank returns home
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to pick up where
his father left off.
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- Your father would've
done so many great things,
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if only your grandfather
hadn't stopped him.
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- I'm not sure I'm ready.
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- Of course, you are.
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Make this your own, Hank.
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There's nothing
standing in your way.
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- [Narrator] But Henry
still isn't ready
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00:09:16,660 --> 00:09:19,220
to give up control
of the company.
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00:09:19,330 --> 00:09:22,330
(suspenseful music)
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As the war ends on August 14th,
1945 with Japan's surrender.
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- [Reporter] Two million New
Yorkers jammed Times Square.
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It's official,
it's total victory.
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- [Narrator] The Ford Motor
Company is in dire straits.
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The loss of Ford's
wartime contracts
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and no plans to modernize,
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Henry Ford is voted
out by the board,
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and replaced by his grandson,
Hank, who isn't the only one
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looking to be the most
powerful man at Ford.
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- Harry Bennett thought that he
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00:10:01,600 --> 00:10:05,240
was going to be the president
of Ford Motor Company.
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00:10:05,340 --> 00:10:08,310
And he didn't think
much of Henry 2nd.
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He didn't think he
had any ability.
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He didn't think he
had any leverage.
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00:10:13,350 --> 00:10:16,410
- [Narrator] Bennett, Henry
Ford's long time enforcer
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has been angling for
years to take over
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and is secretly working
to undermine Hank.
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- Harry Bennett certainly
had people in the factory
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that were loyal to him,
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and the situation was
so fraught for a while
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that Henry 2nd and
those around him
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00:10:35,070 --> 00:10:38,570
were carrying guns
around with them at work.
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- [Narrator] Hank knows that
Bennett poses a serious threat
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to leadership and turns
to an unlikely partner,
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Bennett's personal hire,
ex-FBI agent John Bogus.
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(deeply sighs)
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- It's long overdue, Hank.
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He's destroying your company.
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You're the one who
has to take action.
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Hank, he's got to go.
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00:11:02,130 --> 00:11:02,890
If not now, when?
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- I know, I know he does.
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00:11:05,200 --> 00:11:07,060
- Well, you've gotta do it.
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00:11:07,170 --> 00:11:08,900
I'll be right here,
I'll stand right by you.
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00:11:09,000 --> 00:11:12,370
I'll back you up 100%,
but it's got to happen.
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00:11:12,470 --> 00:11:18,580
- Bogus has been the head of
the Detroit sections of the FBI
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00:11:18,680 --> 00:11:21,150
and ironically, had been
hired by Harry Bennett
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00:11:21,250 --> 00:11:25,420
but turned on Harry Bennett,
allied himself with Henry 2nd.
198
00:11:26,320 --> 00:11:28,690
- It's policy to be escorted
into my office, Harry,
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00:11:28,790 --> 00:11:30,690
but the least you
could do is knock.
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- You don't deserve my respect.
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You're a child running
a billion dollar company
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that you've done nothing
to build, nothing!
203
00:11:44,100 --> 00:11:46,140
- You're fired, Harry.
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00:11:47,470 --> 00:11:50,040
(chuckles)
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00:11:50,140 --> 00:11:53,080
My father wanted
you out for years.
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00:11:54,280 --> 00:11:57,350
If only he could see you now.
207
00:11:57,450 --> 00:11:59,020
- You can't do that.
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00:11:59,120 --> 00:12:01,090
The old man is still in charge.
209
00:12:01,190 --> 00:12:05,360
- Well, last time I checked,
he and I share a last name.
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00:12:06,230 --> 00:12:07,660
- This isn't over.
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00:12:07,760 --> 00:12:10,490
(dramatic music)
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00:12:18,080 --> 00:12:20,750
(canons firing)
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00:12:28,060 --> 00:12:31,360
- [Narrator] As the world
recovers from World War II,
214
00:12:31,460 --> 00:12:35,630
America's pursuit of progress
is bolstered by victory.
215
00:12:36,730 --> 00:12:40,370
While GM and Chrysler
amass record profits,
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00:12:40,470 --> 00:12:42,100
Ford's young chairman, Hank
217
00:12:42,200 --> 00:12:45,570
struggles to lead the
company in a new direction.
218
00:12:45,670 --> 00:12:47,270
To do so, he must rid himself
219
00:12:47,380 --> 00:12:51,540
of his grandfather's security
chief, Harry Bennett.
220
00:12:55,320 --> 00:13:00,190
- John, make sure he's off
the property in an hour.
221
00:13:00,290 --> 00:13:01,490
And be careful.
222
00:13:09,560 --> 00:13:12,070
(tense music)
223
00:13:16,640 --> 00:13:19,470
(heels clicking)
224
00:13:19,570 --> 00:13:22,540
- Let's not make
this rough, Harry.
225
00:13:22,640 --> 00:13:25,010
- You stabbed me in the back,
226
00:13:25,110 --> 00:13:26,950
- Your time is up.
227
00:13:27,050 --> 00:13:28,610
The old man is not
in charge anymore.
228
00:13:28,720 --> 00:13:30,150
- You son of a bitch.
229
00:13:30,250 --> 00:13:33,250
(suspenseful music)
230
00:13:39,030 --> 00:13:41,960
I told the old man to hire you!
231
00:13:42,060 --> 00:13:43,960
- You've done
nothing but abuse him
232
00:13:44,070 --> 00:13:48,130
and manipulate his family
for years, and it ends today.
233
00:13:48,240 --> 00:13:49,700
- You can't get rid of me.
234
00:13:49,800 --> 00:13:51,700
- Your name's not Ford, Harry.
235
00:13:51,810 --> 00:13:54,340
That means you're expendable.
236
00:13:54,440 --> 00:13:56,180
You should know that by now.
237
00:13:56,280 --> 00:13:58,780
(tense music)
238
00:14:13,460 --> 00:14:14,560
- Bennett was not dumb enough
239
00:14:14,660 --> 00:14:17,700
to face off with
an ex-FBI agent.
240
00:14:17,770 --> 00:14:21,030
This is what Ford Motor
Company had been reduced to,
241
00:14:21,140 --> 00:14:24,140
two guys facing off
with drawn guns.
242
00:14:25,270 --> 00:14:29,640
And this is what Henry
Ford II was taking over.
243
00:14:29,740 --> 00:14:32,680
(birds chirping)
244
00:14:40,160 --> 00:14:41,320
- Hank the Deuce was not
245
00:14:41,420 --> 00:14:43,560
the reserved fellow
that his father was.
246
00:14:43,660 --> 00:14:46,260
He came in, he
fired Harry Bennett,
247
00:14:46,360 --> 00:14:49,030
fired about 1,000 of his
cronies throughout the company.
248
00:14:49,130 --> 00:14:50,330
He cleaned house.
249
00:14:50,430 --> 00:14:54,170
He was determined to
turn the company around.
250
00:14:55,140 --> 00:14:57,940
- [Narrator] While Hank is
working as quickly as possible
251
00:14:58,040 --> 00:14:59,670
to straighten out the company,
252
00:14:59,770 --> 00:15:02,680
the Ford family is
dealt another blow.
253
00:15:04,650 --> 00:15:10,120
On April 7th, 1947,
Henry Ford dies
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from a massive
cerebral hemorrhage
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just three months shy
of his 84th birthday.
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(somber music)
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- Henry Ford's impact on
our country was enormous.
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100,000 people turned out
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for his funeral to
pass his coffin.
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Telegrams came in
from President Truman,
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Joseph Stalin,
Winston Churchill.
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The world realized
that an enormous force,
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not always a benign one,
but something memorable,
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had passed from us.
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It was Henry Ford
and his Model T
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that I think more than
any other single force
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defined the America
we live in today.
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- Not only is Hank dealing
with the death of his father,
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and he's trying to step
up to run the company,
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a position that is
not only high-profile,
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but it's high stakes.
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It's a lot for such a young man.
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- [Narrator] Hank Ford
needs to jump start
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his struggling company.
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- Ford was devoid
of top management.
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It was just filled with cronies
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and people who weren't
keeping up with the times,
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especially when it
came to management
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and product management.
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- [Narrator] With no
one to question him,
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Hank is now able to do what
his father never could,
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focus Ford on the future
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and organize it to take on
the corporate giant, GM.
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Post-war America is optimistic
and eager to modernize,
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but with no new car
design since the war,
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Hank needs to make a
groundbreaking change,
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and his time in the Navy
gives him an advantage.
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He looks to a group
of logistics experts
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that helped achieve
victory, the Whiz Kids.
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- These were a group of people
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who were business
school graduates.
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They had worked on
logistics in the Air Force,
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and they kind of
marketed themselves
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as a group after the war.
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They went looking for
someplace they could go
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and they got intrigued
by Ford Motor Company.
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Here was a place
that needed this.
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- The one we think of the
most is Robert McNamara
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who would go on to become
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the Secretary of Defense
under John F. Kennedy.
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- Ford Motor Company
really had to catch up
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to General Motors
after World War II
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and these very, very
smart military officers
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were given a pretty free reign
of the large corporation,
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which was really
new to the world.
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(dramatic music)
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- [Narrator] While Hank
is betting the Whiz Kids
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will help him find
a winning strategy,
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Chrysler has surpassed Ford
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to become the
number two car maker
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but not for producing cars.
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With $3.4 billion
in war contracts,
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more than 45 billion today,
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Chrysler does more to
achieve allied victory
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than almost any other company.
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- This is a small
token of thanks
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for what you've done
for this country.
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- [Narrator] Its
president, K.T. Keller
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helped engineer the secret
weapon that ended the war.
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(flash clicks)
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(mellow music)
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- K.T. Keller developed
nickel-plated tubing
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for the atom bomb, which really
could never have been built
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if it were not for Chrysler.
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- [Narrator] But, Chrysler
quickly begins
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to struggle after the war.
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Innovation and America's new
obsession with modernization
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prove difficult for a company
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built of efficiency
and engineering.
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Unlike Hank Ford, who
turns to innovators
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like the Whiz Kids,
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K.T. Keller is slow to realize
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that the country is
changing quickly.
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- Keller was very
efficient during the war
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at getting things done,
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but Keller's weakness
as time wore on
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was he thought that
customers would get
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the wonderful mechanics
of Chrysler Corporation
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and that the style
didn't matter.
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Keller liked cars
that were tall enough
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so that a man could sit in
the car still wearing his hat.
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It didn't take long to realize
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they were making big mistakes.
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(tense music)
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- It's really tough
to stay at the top
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in a competitive world and
whatever you're trying to do
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better be the cat's meow.
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Otherwise, you don't exist.
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- [Narrator] While Keller
goes back to the playbook
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that made him successful
early in his career,
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young Hank Ford
sees an opportunity
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to put his company back on top
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by offering America what
it's been waiting for,
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the first truly modern
American car.
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- The designers are still
smoothing things out.
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Give it some time.
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We'll make it perfect.
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- There is no more time, John.
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This car is the future of Ford.
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(dramatic music)
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- [Narrator] In the
aftermath of World War II,
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America has emerged
as a super power.
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The nation is
suddenly prosperous,
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and the future seems wide open.
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Modernization led
by the car industry
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is changing the country
in a profound way.
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- [Announcer] This is the way
America lives,
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in comfortable homes
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and in quality homes whose
construction represents
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a great advance
in home building.
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These are the homes
for a growing America.
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(upbeat music)
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-[Narrator] As post-war
Americans flock to suburbs,
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they grow increasingly
reliant on their cars
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and begin demanding
more from Detroit.
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- [Announcer] With so much
of our population on wheels,
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today there's a
freedom of movement
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that is new in the
history of man.
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We have a much greater
choice in where we live,
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anywhere within
driving distance.
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- The automobile
allowed the suburbs
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to grow to what we know today.
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For families to live
out away from the city,
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it created a lot of
what we think of today,
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of the nuclear family.
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(birds chirping)
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- Once the war was over,
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car companies didn't have any
new product in the pipeline,
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and so when they
resumed production,
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what they were making
was 1942 models,
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and it takes a while to
design an all-new car,
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get tooled up to produce it
and get it into production.
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(tense music)
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00:22:04,810 --> 00:22:08,110
- It looks good, but it
needs to be streamlined.
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- Of course.
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The designers are still
smoothing things out.
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Give it some time,
we'll make it perfect.
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00:22:13,820 --> 00:22:16,620
- There is no more time, John.
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This car is the future of Ford.
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It can't look like a Studebaker.
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00:22:24,130 --> 00:22:28,030
- So, you want it new,
perfect, and ready in no time.
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00:22:28,130 --> 00:22:30,000
Anything else?
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00:22:30,100 --> 00:22:32,200
- Yeah, make it fast too.
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00:22:35,670 --> 00:22:36,970
- To be a strong leader,
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00:22:37,070 --> 00:22:39,340
you can't be afraid to
hurt a few feelings.
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00:22:39,440 --> 00:22:43,010
You have to be able to tell
the truth when it counts,
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00:22:43,110 --> 00:22:45,550
and that can ruffle
a lot of feathers.
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00:22:45,650 --> 00:22:47,110
- [Narrator] To get
the Ford Motor Company
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00:22:47,220 --> 00:22:50,350
back to its place on
top of the industry,
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00:22:50,450 --> 00:22:53,550
Hank knows he must beat
the competition to market
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with a newly-designed car.
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- No cars were really produced
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in the United States
from 1940 to 1945,
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and nobody was sure
what kind of cars
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would be the kind of cars
that consumers would want
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at the end of the war and
going into the early 1950s.
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(dramatic music)
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- [Announcer] It's
a long time now
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00:23:15,680 --> 00:23:19,210
since the idea first
went down on paper.
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00:23:20,720 --> 00:23:22,550
- [Narrator] To
develop his new car,
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00:23:22,650 --> 00:23:28,550
Ford invests countless man
hours and over $72 million,
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the equivalent of
900 million today.
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00:23:31,430 --> 00:23:33,490
- [Announcer] It's really more
than a new automobile design,
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it's new horizons, it's
freedom of movement
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00:23:36,630 --> 00:23:39,330
for the people who will day
drive it and ride in it,
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00:23:39,430 --> 00:23:41,130
who will value it
as a possession,
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00:23:41,240 --> 00:23:44,670
second only to the homes
in which they live.
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00:23:44,770 --> 00:23:47,540
- [Narrator] He also demands
it goes from the drawing board
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00:23:47,640 --> 00:23:51,110
to the assembly line
in just two years.
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00:23:52,250 --> 00:23:56,380
By the spring of 1948,
the '49 Ford debuts,
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00:23:56,480 --> 00:23:58,990
beating GM and
Chrysler to market
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with the first
all-new post-war car.
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00:24:02,290 --> 00:24:05,020
- [Announcer] Here is
the Ford in your future,
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00:24:05,130 --> 00:24:08,690
the achievement supreme in
modern automotive styling,
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00:24:08,800 --> 00:24:13,500
beauty combined with comfort,
safety, and performance.
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00:24:13,600 --> 00:24:15,970
The new four-door custom sedan
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00:24:16,070 --> 00:24:18,500
is a perfect example of
the balanced engineering
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built into every model
of the new 1949 line.
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00:24:24,780 --> 00:24:26,350
- The '49 Ford didn't look like
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anything from the
pre-war period.
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00:24:30,750 --> 00:24:34,150
It had what you might
call an envelop body.
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00:24:34,260 --> 00:24:37,190
Some of the collectors
call them shoebox Fords
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00:24:37,290 --> 00:24:40,430
because they are
kind of squarish.
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00:24:40,530 --> 00:24:42,160
- [Narrator] Along
with the new style,
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00:24:42,260 --> 00:24:45,700
the '49 model also
features a much-improved
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239 cubic inch
flathead V8 engine
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00:24:50,100 --> 00:24:53,270
capable of almost
100 horsepower.
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00:24:53,370 --> 00:24:56,540
- Lookin' at the engine, it's
a real simple lookin' engine.
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00:24:56,640 --> 00:24:58,710
It's flathead Ford because
the heads are flat on top,
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00:24:58,810 --> 00:25:00,980
the spark plugs are
visibly stickin'
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00:25:01,080 --> 00:25:02,920
right out of the top of it,
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00:25:03,020 --> 00:25:06,090
but the engine made pretty
doggone good horsepower.
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00:25:06,190 --> 00:25:07,950
(engine rumbling)
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00:25:08,060 --> 00:25:09,460
(birds chirping)
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00:25:09,560 --> 00:25:12,060
(cheerful music)
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00:25:12,160 --> 00:25:14,430
- Like so many people these
days, we live in the suburbs,
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00:25:14,530 --> 00:25:19,200
and Dave needs the car
every day for business.
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00:25:19,300 --> 00:25:20,270
- [Narrator] With
Americans realizing
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00:25:20,370 --> 00:25:22,640
that they need
more than one car,
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00:25:22,740 --> 00:25:27,470
Hank's gamble on the '49
Ford pays off in a big way,
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00:25:27,580 --> 00:25:31,210
and Ford sells 800,000
in the first year.
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00:25:32,350 --> 00:25:34,710
- Three weeks ago, we
bought another Ford.
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00:25:34,820 --> 00:25:37,120
It a whole new way of life.
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00:25:37,220 --> 00:25:39,450
Now, I'm free to go
anywhere, do anything,
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00:25:39,550 --> 00:25:42,090
see anybody any time I want.
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00:25:44,230 --> 00:25:46,160
- [Narrator] Sales
of the '49 model
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00:25:46,260 --> 00:25:50,060
are the highest for
Ford since the Model T,
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00:25:50,160 --> 00:25:54,100
taking it from last place
in the Big Three to second,
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00:25:54,200 --> 00:25:56,070
edging out Chrysler.
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00:25:57,210 --> 00:25:59,340
- Automobile design
before World War II
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00:25:59,440 --> 00:26:03,440
was really about big
fenders and running boards.
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00:26:03,540 --> 00:26:05,210
What the '49 Ford represented
473
00:26:05,310 --> 00:26:08,980
was a totally new
direction in style.
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00:26:09,080 --> 00:26:12,020
You didn't step onto the car,
you stepped into the car,
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00:26:12,120 --> 00:26:14,050
and obviously, it was a huge hit
476
00:26:14,160 --> 00:26:17,660
'cause it really saved
Ford Motor Company.
477
00:26:18,630 --> 00:26:21,390
(birds chirping)
478
00:26:23,460 --> 00:26:26,130
(phone ringing)
479
00:26:26,230 --> 00:26:28,130
- We got the deadline covered.
480
00:26:28,240 --> 00:26:32,440
We'll have 20,000 ready
by the end of the month.
481
00:26:32,540 --> 00:26:33,570
You bet.
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00:26:33,670 --> 00:26:36,240
- [Narrator] With Ford
outselling Chrysler 10 to one,
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00:26:36,340 --> 00:26:37,980
K.T. Keller is barely
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00:26:38,080 --> 00:26:40,980
holding onto his
position as president.
485
00:26:41,080 --> 00:26:42,480
He knows that he
needs to respond
486
00:26:42,580 --> 00:26:46,150
and bets big that America
cares less about design
487
00:26:46,250 --> 00:26:49,360
and more about what's
under the hood.
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00:26:50,730 --> 00:26:52,690
He focuses on engineering,
489
00:26:52,790 --> 00:26:55,630
demanding that Chrysler
designers come up with something
490
00:26:55,730 --> 00:26:59,130
better than Ford's
flathead V8 engine.
491
00:26:59,230 --> 00:27:00,230
- Hey Marty!
492
00:27:01,570 --> 00:27:02,440
These are great.
493
00:27:02,540 --> 00:27:04,500
Tell 'em in
advertising it's a go.
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00:27:04,610 --> 00:27:08,570
- [Narrator] Chrysler introduces
the firepower V8 in 1950,
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00:27:08,680 --> 00:27:12,080
(dramatic music)
496
00:27:12,180 --> 00:27:16,050
an engine that features
hemispherical cylinder heads,
497
00:27:16,150 --> 00:27:17,780
the first of its kind.
498
00:27:20,350 --> 00:27:23,960
The heads increase both
compression and fuel combustion,
499
00:27:24,060 --> 00:27:27,060
allowing cars to
hit 180 horsepower,
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00:27:28,060 --> 00:27:31,100
nearly doubling Ford's flathead.
501
00:27:31,200 --> 00:27:34,570
Chrysler's firepower
V8 is fast enough
502
00:27:34,670 --> 00:27:37,670
to do zero to 60
in 12 seconds flat,
503
00:27:38,640 --> 00:27:42,140
starting an arms race
for power and speed.
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00:27:44,080 --> 00:27:46,010
- [K.T. Keller] Yes, sir,
uh huh.
505
00:27:46,110 --> 00:27:47,150
- [Narrator] While
Keller's innovation
506
00:27:47,250 --> 00:27:49,450
pushes Chrysler
ahead in horsepower.
507
00:27:49,550 --> 00:27:50,280
- Excuse me.
508
00:27:50,380 --> 00:27:51,150
Sir, I--
509
00:27:51,250 --> 00:27:52,490
- No, you're in good hands.
510
00:27:52,590 --> 00:27:56,690
- [Narrator] The outdated design
hurts them with consumers.
511
00:27:56,790 --> 00:27:58,120
- We got the deadline covered.
512
00:27:58,230 --> 00:28:01,560
- K.T. Keller believed that
the style didn't matter
513
00:28:01,660 --> 00:28:05,600
and so he would've
looked at the 1949 Ford
514
00:28:05,700 --> 00:28:08,730
and said, this is
too radical a design,
515
00:28:10,100 --> 00:28:13,040
I think the public wants
something that's different
516
00:28:13,140 --> 00:28:14,770
but not too different.
517
00:28:16,110 --> 00:28:19,450
- When you put a '49 Ford
next to a '49 Chrysler,
518
00:28:19,550 --> 00:28:21,980
and the Chrysler looks
five years older.
519
00:28:22,080 --> 00:28:26,090
They were way too
conservative and it cost them.
520
00:28:28,520 --> 00:28:31,490
- There is so many mistakes
that happened with cars,
521
00:28:31,590 --> 00:28:35,290
try to get the perfect car
design you put together
522
00:28:35,400 --> 00:28:38,130
is one of the hardest
things in the world.
523
00:28:38,230 --> 00:28:40,330
- [Narrator] Sales at
Chrysler are dismal,
524
00:28:40,430 --> 00:28:43,640
plunging the company
into heavy debt
525
00:28:43,740 --> 00:28:47,340
and back to third place
behind GM and Ford.
526
00:28:48,780 --> 00:28:50,040
- If sales don't
pick up quickly,
527
00:28:50,140 --> 00:28:51,940
we'll have to take out loans.
528
00:28:52,050 --> 00:28:52,680
- Loans?
529
00:28:54,180 --> 00:28:56,050
You're overreacting.
530
00:28:57,120 --> 00:28:58,950
- [Narrator] K.T.
Keller steps down
531
00:28:59,050 --> 00:29:02,350
as president of the
Chrysler Corporation.
532
00:29:02,460 --> 00:29:06,290
Like Henry Ford before him,
he's a victim of his failure
533
00:29:06,390 --> 00:29:10,260
to realize the inevitable
truth of American life,
534
00:29:10,360 --> 00:29:12,530
progress waits for no one.
535
00:29:19,710 --> 00:29:20,910
- Here is is, Alfred.
536
00:29:21,010 --> 00:29:23,080
- [Narrator] An
engineer at GM, Ed Cole
537
00:29:23,180 --> 00:29:25,680
sees opportunity
in the power race,
538
00:29:25,780 --> 00:29:29,620
but he'll have to convince
GM president Alfred Sloan.
539
00:29:29,720 --> 00:29:31,280
- Why are you
showing me this, Ed?
540
00:29:31,390 --> 00:29:33,790
- [Ed] It's called a hot rod.
541
00:29:34,660 --> 00:29:37,660
- [Alfred] Looks like a Chevy.
542
00:29:37,760 --> 00:29:38,920
- Get in.
543
00:29:39,030 --> 00:29:39,560
- [Alfred] I just ate.
544
00:29:39,660 --> 00:29:40,560
- Aw, come on!
545
00:29:40,660 --> 00:29:42,060
It wouldn't hurt you
to have a little fun.
546
00:29:42,160 --> 00:29:43,100
- Fun ?
547
00:29:43,200 --> 00:29:45,360
- A car for every person
for every purpose,
548
00:29:45,470 --> 00:29:46,930
is that your line?
549
00:29:47,030 --> 00:29:49,670
- Exactly, and I don't
see the purpose of this.
550
00:29:49,770 --> 00:29:51,940
- Fun, that's the purpose of it.
551
00:29:52,040 --> 00:29:56,080
Kids drive cars like this
because they're fast.
552
00:29:56,180 --> 00:29:57,010
Get in.
553
00:29:57,110 --> 00:29:59,250
(dramatic music)
554
00:29:59,350 --> 00:30:00,710
- Alfred was set in his ways.
555
00:30:00,820 --> 00:30:02,510
Alfred had a system set up
556
00:30:02,620 --> 00:30:05,180
where he had cars that were
working for the company,
557
00:30:05,290 --> 00:30:08,250
and innovations was key
when they had a problem,
558
00:30:08,360 --> 00:30:10,690
but as far as getting
ahead of the curve,
559
00:30:10,790 --> 00:30:13,960
he didn't truly have
a vision for it,
560
00:30:14,060 --> 00:30:15,960
and I think Ed brought
that to the table
561
00:30:16,060 --> 00:30:18,430
whether Alfred liked it or not.
562
00:30:19,330 --> 00:30:21,470
- [Narrator] Cole sees
the need for speed
563
00:30:21,570 --> 00:30:24,170
as GM's way to stay on top.
564
00:30:24,270 --> 00:30:25,140
- Not too fast.
565
00:30:25,240 --> 00:30:27,710
(car screeches)
566
00:30:31,630 --> 00:30:33,030
(50s' style rock music)
567
00:30:33,130 --> 00:30:35,530
- [Narrator] In the decade
following World War II,
568
00:30:35,670 --> 00:30:37,300
the men ad women who served
569
00:30:37,400 --> 00:30:40,140
now turn their
attention homeward
570
00:30:41,210 --> 00:30:44,370
and embrace the car
like never before.
571
00:30:45,480 --> 00:30:50,650
As the Big Three face off in an
arms race for engine supremacy.
572
00:30:50,750 --> 00:30:53,280
With the modern look
of the '49 model
573
00:30:53,350 --> 00:30:55,020
and it's new flathead V8,
574
00:30:55,120 --> 00:30:58,590
Hank Ford's car takes
America by storm.
575
00:30:58,690 --> 00:31:00,490
¶ A va va voom
576
00:31:00,590 --> 00:31:04,060
- [Narrator] K.T. Keller puts
V8 power in the wrong package
577
00:31:04,160 --> 00:31:07,060
landing Chrysler
in dire straits.
578
00:31:07,160 --> 00:31:09,430
While GM's rising star, Ed Cole,
579
00:31:09,530 --> 00:31:12,270
pitches what he believes
is the next big thing.
580
00:31:12,370 --> 00:31:13,200
- Not too fast.
581
00:31:13,300 --> 00:31:14,040
(car screeches)
582
00:31:14,140 --> 00:31:16,710
¶ A va va voom
583
00:31:23,550 --> 00:31:25,610
- Was there a point to
this little exercise?
584
00:31:25,720 --> 00:31:27,620
Some of us have work to do.
585
00:31:27,720 --> 00:31:30,420
- The point is under the hood.
586
00:31:42,800 --> 00:31:45,570
- Why would anyone put a
Ford engine in a Chevy?
587
00:31:45,670 --> 00:31:49,000
- Speed, haven't
you gotten that yet?
588
00:31:49,110 --> 00:31:51,710
Ford's flatheads
are fast and fun,
589
00:31:51,810 --> 00:31:55,510
and all we're making are
little six cylinders.
590
00:31:55,610 --> 00:31:59,050
- So you wanna build an
engine to compete with Ford's?
591
00:31:59,150 --> 00:31:59,780
- Exactly.
592
00:32:01,650 --> 00:32:05,350
Let's kick the hell
out of the status quo.
593
00:32:06,160 --> 00:32:08,990
- The Ford Flathead V8 was
really the first engine
594
00:32:09,090 --> 00:32:10,630
that the after market jumped on.
595
00:32:10,730 --> 00:32:12,460
Anything that would
make the engine lighter
596
00:32:12,560 --> 00:32:15,700
and more powerful, you
know, it's fun to go fast.
597
00:32:15,800 --> 00:32:18,330
(exciting music)
598
00:32:18,440 --> 00:32:19,670
- Boy, it's amazing what
they could have done
599
00:32:19,770 --> 00:32:21,500
back in the days
with those flatheads.
600
00:32:21,610 --> 00:32:23,510
(engines rumbling)
601
00:32:23,610 --> 00:32:24,940
That baby could really sing,
602
00:32:25,040 --> 00:32:27,280
and it had a really
unique sound to it.
603
00:32:27,380 --> 00:32:28,640
And, people to
this day are still
604
00:32:28,710 --> 00:32:32,480
customizing the heck out
of the Flathead Ford.
605
00:32:32,580 --> 00:32:34,320
- [Narrator] Cole knows
that young Americans
606
00:32:34,420 --> 00:32:38,050
are looking for speed,
and he aims to deliver.
607
00:32:38,160 --> 00:32:41,360
(exciting music)
608
00:32:41,460 --> 00:32:43,560
Across the country, ex GIs
609
00:32:43,660 --> 00:32:46,200
who learned engine
mechanics on the front lines
610
00:32:46,300 --> 00:32:48,360
start to customize.
611
00:32:48,470 --> 00:32:52,100
Souping up their rides
to get every bit of power,
612
00:32:52,200 --> 00:32:54,740
giving rise to a new
subculture.
613
00:32:54,840 --> 00:32:56,370
Hot rodders.
614
00:33:00,580 --> 00:33:02,480
- Guys are coming
back from World War II
615
00:33:02,580 --> 00:33:07,280
and they've had a pretty
intense experience.
616
00:33:07,380 --> 00:33:08,580
The adrenaline is still high,
617
00:33:08,690 --> 00:33:10,250
they're looking
for these thrills,
618
00:33:10,350 --> 00:33:11,920
they've also become
really familiar
619
00:33:12,020 --> 00:33:16,090
with all of these ways of
making vehicles faster.
620
00:33:16,190 --> 00:33:19,460
- Hot rodding for
America is creativity.
621
00:33:19,560 --> 00:33:22,500
It is about performance
but it's also about
622
00:33:22,600 --> 00:33:26,770
marrying parts together to
create something unique.
623
00:33:29,470 --> 00:33:33,110
- People wanted something that
went faster, made more noise,
624
00:33:33,210 --> 00:33:36,350
just set people back in
their seats and launched.
625
00:33:36,450 --> 00:33:38,210
Whether it was drag racing
or whether it was just
626
00:33:38,320 --> 00:33:42,320
sitting at a light things
shaking and idling.
627
00:33:47,420 --> 00:33:48,520
- [Narrator] Under the
hood of Hank Ford's
628
00:33:48,630 --> 00:33:52,160
top-selling '49 Model,
is a flathead V8,
629
00:33:53,300 --> 00:33:56,100
the weapon of choice
for hot rodders.
630
00:33:56,200 --> 00:33:59,300
But customizing a
Ford wasn't easy
631
00:33:59,400 --> 00:34:02,540
and Ed Cole sees a huge
opportunity.
632
00:34:02,640 --> 00:34:05,140
- Ed Cole recognized the
hot rod and drag scenes
633
00:34:05,240 --> 00:34:07,510
started to become
true American fixture
634
00:34:07,610 --> 00:34:08,580
and knew that would translate
635
00:34:08,680 --> 00:34:12,410
to a market that wanted
that for street cars.
636
00:34:12,520 --> 00:34:13,680
- [Narrator] Cole's
answer is an engine
637
00:34:13,780 --> 00:34:16,320
that beats Ford on power,
638
00:34:16,420 --> 00:34:20,090
one that's affordable
and easy to customize.
639
00:34:22,590 --> 00:34:24,390
- [Announcer] The
Motoramic Chevrolet,
640
00:34:24,500 --> 00:34:28,430
with the history-making
new Turbofire V8 engine.
641
00:34:28,530 --> 00:34:32,400
- [Narrator] Aka the
Chevy small block.
642
00:34:32,500 --> 00:34:35,470
Cole's engine debuts
in the 1955 Corvette
643
00:34:35,570 --> 00:34:38,070
and Bel Air models.
644
00:34:38,180 --> 00:34:42,280
- Chevrolet small block
was a overhead valve engine
645
00:34:42,380 --> 00:34:44,010
as opposed to a flathead engine.
646
00:34:44,110 --> 00:34:45,380
It had better cooling
647
00:34:45,480 --> 00:34:48,650
and it allowed for easier
production of horsepower.
648
00:34:48,750 --> 00:34:50,420
- The small block Chevy
649
00:34:50,520 --> 00:34:55,090
is one of the most influential
engines in hotrodding.
650
00:34:55,190 --> 00:34:58,190
They're really transformable.
651
00:34:58,300 --> 00:35:01,500
They're like Lego
kits for horsepower.
652
00:35:01,600 --> 00:35:04,170
- [Narrator] Sales of
new Chevrolets skyrocket
653
00:35:04,270 --> 00:35:07,900
to over a million cars,
rapidly surpassing Ford.
654
00:35:08,010 --> 00:35:10,110
(engine rumbling)
655
00:35:10,210 --> 00:35:12,340
- When you go out there
and you put it on,
656
00:35:12,440 --> 00:35:14,410
whether in a
Chevrolet or a Ford,
657
00:35:14,510 --> 00:35:18,010
it definitely draws
attention at the dealerships.
658
00:35:18,120 --> 00:35:21,220
That terminology, what wins
on Sunday sells on Monday,
659
00:35:21,320 --> 00:35:23,590
is still going on today.
660
00:35:23,690 --> 00:35:26,250
- [Narrator] GM's amazing
success on the track
661
00:35:26,390 --> 00:35:28,720
leads to a huge spike in sales.
662
00:35:29,630 --> 00:35:31,960
Now, almost every other car
663
00:35:32,060 --> 00:35:35,560
the American public
sees is a car from GM.
664
00:35:37,230 --> 00:35:39,370
- The public loves power.
665
00:35:39,470 --> 00:35:42,400
They love the idea
that their car
666
00:35:42,510 --> 00:35:46,410
has more power than
their neighbor's.
667
00:35:46,510 --> 00:35:50,310
- [Narrator] Hank Ford knows
he has to adopt a new strategy.
668
00:35:50,410 --> 00:35:52,480
He believes Americans want a car
669
00:35:52,580 --> 00:35:55,350
that can be everything
to everybody,
670
00:35:55,450 --> 00:35:59,550
appealing to both hot
rodders and families.
671
00:36:01,730 --> 00:36:03,990
- So John, do you have any more
thoughts on design choices?
672
00:36:04,090 --> 00:36:05,260
- If you let the
designers do their work,
673
00:36:05,360 --> 00:36:08,030
you're gonna be happy, trust me.
674
00:36:08,730 --> 00:36:11,030
- [Narrator] Hank pours
more than $400 million
675
00:36:11,140 --> 00:36:14,400
into developing an
experimental car line,
676
00:36:14,510 --> 00:36:17,210
almost three and a half
billion today.
677
00:36:17,310 --> 00:36:19,410
It's a huge gamble,
but he believes
678
00:36:19,510 --> 00:36:22,010
it's the cutting
edge of auto design,
679
00:36:22,110 --> 00:36:26,310
the kind of car his father
never had the chance to make.
680
00:36:26,420 --> 00:36:29,720
He names the new car
after his dad, Edsel.
681
00:36:30,620 --> 00:36:33,360
(birds chirping)
682
00:36:39,530 --> 00:36:43,270
- I don't know if the
public is ready for this.
683
00:36:43,370 --> 00:36:46,330
- It's the perfect
tribute to your father.
684
00:36:46,440 --> 00:36:49,100
What better way to
remember him than this?
685
00:36:49,210 --> 00:36:49,810
Trust me.
686
00:36:51,110 --> 00:36:55,710
- It's forward thinking but
maybe a little too forward.
687
00:36:55,810 --> 00:36:58,550
- [John] It's not like
anything we've seen before.
688
00:36:58,650 --> 00:37:02,580
- Edsel Ford, he left behind
a legacy of innovation
689
00:37:02,690 --> 00:37:05,320
and the want to change
things stylistically
690
00:37:05,420 --> 00:37:08,620
and update things from
a technology standpoint.
691
00:37:08,730 --> 00:37:11,290
So, launching a car and putting
your father's name on it,
692
00:37:11,400 --> 00:37:15,330
not only was it a major stake
from a marketing standpoint,
693
00:37:15,430 --> 00:37:17,400
it was one that you
have to get right.
694
00:37:17,500 --> 00:37:20,500
(suspenseful music)
695
00:37:23,410 --> 00:37:25,170
- Under this canvas cover,
696
00:37:25,280 --> 00:37:30,210
it's the newest member of
the Ford family of fine cars.
697
00:37:30,310 --> 00:37:31,410
And now for the moment
698
00:37:31,520 --> 00:37:35,250
I'm sure you've all been
looking forward to, the Edsel.
699
00:37:35,350 --> 00:37:38,390
(energetic music)
700
00:37:41,590 --> 00:37:42,960
- [Narrator] The
Ford Edsel boasts
701
00:37:43,060 --> 00:37:47,930
a 410 cubic inch V8 engine
that delivers 345 horsepower
702
00:37:48,030 --> 00:37:51,200
and nearly 120 miles an hour,
703
00:37:51,300 --> 00:37:53,070
and with its
three-speed transmission
704
00:37:53,170 --> 00:37:56,100
controlled by a teletouch
panel on the steering wheel,
705
00:37:56,210 --> 00:38:00,310
it's innovations are
cutting edge.
706
00:38:01,580 --> 00:38:03,110
- [Announcer] Here's the
definition established
707
00:38:03,210 --> 00:38:05,180
for the Edsel product.
708
00:38:05,280 --> 00:38:07,280
The Edsel should
be the smart car,
709
00:38:07,380 --> 00:38:09,580
the smart car for
growing America.
710
00:38:09,690 --> 00:38:11,390
(dramatic music)
711
00:38:11,490 --> 00:38:13,220
- [Narrator] But critics
panned the radical design
712
00:38:13,320 --> 00:38:17,330
and poor quality,
the public agrees.
713
00:38:19,200 --> 00:38:20,930
- Unfortunately, the
styling and design
714
00:38:21,030 --> 00:38:22,200
didn't live up to the hype
715
00:38:22,300 --> 00:38:25,900
and people hated that
horse collar grill.
716
00:38:26,000 --> 00:38:27,640
It looked like someone
took a toilet seat
717
00:38:27,740 --> 00:38:30,340
and stuck it on
the front of a car.
718
00:38:30,440 --> 00:38:32,240
- There's so many
people that said,
719
00:38:32,310 --> 00:38:34,140
oh that car was terrible,
I hated that car,
720
00:38:34,240 --> 00:38:36,510
but I was one of the guys
that did like the Edsel.
721
00:38:36,610 --> 00:38:38,950
I thought the Edsel
was a cool car.
722
00:38:39,050 --> 00:38:41,120
Except we weren't the majority.
723
00:38:41,220 --> 00:38:43,620
(somber music)
724
00:38:45,790 --> 00:38:49,220
- [Narrator] The Edsel
is a financial disaster,
725
00:38:49,330 --> 00:38:52,490
hurting the Ford Motor
Company's bottom line,
726
00:38:52,600 --> 00:38:56,330
and for Hank, it's personal.
727
00:38:56,400 --> 00:38:58,230
- I think after the Edsel,
there was a short period
728
00:38:58,340 --> 00:39:01,100
where Hank kind of
closed down in a way.
729
00:39:01,210 --> 00:39:02,970
He took a chance and missed,
730
00:39:03,070 --> 00:39:05,610
and I think it was
his biggest fear
731
00:39:05,710 --> 00:39:08,140
from when he took over
after his father's death,
732
00:39:08,250 --> 00:39:09,480
he's finally realized
that something
733
00:39:09,580 --> 00:39:11,350
that's named after
his own father,
734
00:39:11,450 --> 00:39:15,280
he may not know
whether he can recover.
735
00:39:15,390 --> 00:39:17,220
- Your father would be proud.
736
00:39:17,320 --> 00:39:18,650
It's a fine car.
737
00:39:21,230 --> 00:39:24,260
Sometimes it's just
a matter of timing.
738
00:39:36,740 --> 00:39:39,070
- [Narrator] In
the fall of 1959,
739
00:39:39,180 --> 00:39:42,740
Hank Ford terminates
production of the Edsel.
740
00:39:46,750 --> 00:39:51,120
The failure is public
and embarrassing,
741
00:39:54,090 --> 00:39:55,590
and it prompts one
of the biggest shifts
742
00:39:55,690 --> 00:39:58,690
in car design America
will ever see.
743
00:40:03,060 --> 00:40:05,060
1956, America likes Ike,
744
00:40:08,200 --> 00:40:11,370
rock and roll is
sweeping the country,
745
00:40:12,440 --> 00:40:16,000
and the Big Three are
locked in an arms race
746
00:40:16,110 --> 00:40:17,970
of innovation and power
747
00:40:19,480 --> 00:40:20,870
like never before.
748
00:40:20,980 --> 00:40:23,940
(engines rumbling)
749
00:40:24,050 --> 00:40:26,010
(dramatic music)
750
00:40:26,120 --> 00:40:27,180
- Now, it's the fun era time
751
00:40:27,280 --> 00:40:29,120
where you didn't
necessarily worry
752
00:40:29,220 --> 00:40:31,190
about the weight of a vehicle
and the efficiency of it
753
00:40:31,290 --> 00:40:34,920
and put some amazing
style into it.
754
00:40:35,020 --> 00:40:38,260
For me, the '57 Chevy
is just gorgeous.
755
00:40:41,300 --> 00:40:43,460
- In those days, we'll
go out and cruise around
756
00:40:43,570 --> 00:40:47,370
with your girlfriend next to
you and try to impress her.
757
00:40:47,470 --> 00:40:48,600
(giggling)
758
00:40:48,700 --> 00:40:50,300
- Everything was car-centric.
759
00:40:50,410 --> 00:40:52,210
People would roll
up on roller skates
760
00:40:52,310 --> 00:40:56,040
and bring you your shake and
fries to your car window,
761
00:40:56,150 --> 00:40:58,180
and people's dates
were in a car,
762
00:40:58,280 --> 00:41:00,010
and you see a movie in your car.
763
00:41:00,120 --> 00:41:02,080
I don't even think you
ever leave the car.
764
00:41:02,180 --> 00:41:04,890
- [Narrator] It's the golden
age of the auto industry
765
00:41:04,990 --> 00:41:06,220
and the Big Three are about
766
00:41:06,320 --> 00:41:09,120
to get a major boost
from Washington.
767
00:41:09,230 --> 00:41:12,960
- [Announcer] Our highway
engineers know the way.
768
00:41:13,060 --> 00:41:15,100
- Congress in the
'50s passed a law
769
00:41:15,200 --> 00:41:19,030
to create the interstate
highway system.
770
00:41:19,140 --> 00:41:23,270
What they were doing was
saying America is on the road.
771
00:41:23,410 --> 00:41:24,940
- [Narrator] The
Federal Highway Act
772
00:41:25,040 --> 00:41:29,040
becomes the largest public works
project in American history
773
00:41:29,150 --> 00:41:32,080
that will eventually
cost over $100 billion
774
00:41:32,180 --> 00:41:33,950
and create a ribbon of highways
775
00:41:34,050 --> 00:41:37,620
connecting every major
city coast to coast.
776
00:41:39,260 --> 00:41:43,220
With more highways, more
people are buying cars.
777
00:41:43,330 --> 00:41:47,290
By 1960, there are nearly
75 million on the road,
778
00:41:47,400 --> 00:41:50,500
50% more than a decade earlier.
779
00:41:50,600 --> 00:41:53,670
Detroit feeds demand
with bolder designs,
780
00:41:53,770 --> 00:41:56,440
new options, and faster engines.
781
00:41:57,270 --> 00:41:59,970
But as gas prices begin to rise,
782
00:42:00,080 --> 00:42:02,610
and the cost of
living increases,
783
00:42:03,480 --> 00:42:07,410
Americans are left
wanting more for less,
784
00:42:07,520 --> 00:42:10,920
and Detroit scrambled to
give it to them.
785
00:42:11,020 --> 00:42:12,250
- Yeah, bring the drawings.
786
00:42:12,350 --> 00:42:13,950
Thanks, Bill, bye.
787
00:42:14,060 --> 00:42:16,860
- [Narrator] One of GM's top
engineers turned executive,
788
00:42:16,960 --> 00:42:21,090
Ed Cole, sees the answer
for an untapped market,
789
00:42:21,200 --> 00:42:25,300
a lightweight budget-friendly
but sporty new car.
790
00:42:27,040 --> 00:42:29,540
- [Announcer] A small
compact 80 horsepower
791
00:42:29,640 --> 00:42:34,010
dollop of dynamite, a
revolutionary new kind of car,
792
00:42:35,080 --> 00:42:36,740
Corvair by Chevrolet.
793
00:42:39,010 --> 00:42:42,880
- [Narrator] In 1960, Cole
unveils his ultra-modern Corvair
794
00:42:42,990 --> 00:42:44,920
with its air-cooled rear-mounted
795
00:42:45,020 --> 00:42:47,290
European-inspired
engine configuration.
796
00:42:47,390 --> 00:42:51,890
Americans love this zippy,
fun, affordable compact
797
00:42:51,990 --> 00:42:54,530
hailed as the poor
man's Porsche,
798
00:42:54,630 --> 00:42:57,460
and GM sells over 200,000.
799
00:42:59,670 --> 00:43:02,340
While the Corvair
improves GM's bottom line,
800
00:43:02,440 --> 00:43:05,370
(tires screeching)
801
00:43:07,580 --> 00:43:11,350
one man sees it as a
death trap, Ralph Nader.
802
00:43:12,410 --> 00:43:14,380
- The Corvair, the
car would suddenly
803
00:43:14,480 --> 00:43:17,080
unexpectedly go out of control.
804
00:43:18,990 --> 00:43:22,560
- Ralph Nader wanted to make
sure that cars were safe
805
00:43:22,660 --> 00:43:25,460
because as a young person, he
had seen many of his friends
806
00:43:25,560 --> 00:43:29,030
be killed and maimed
in car accidents.
807
00:43:29,130 --> 00:43:30,300
- [Narrator] For the first time,
808
00:43:30,400 --> 00:43:34,100
a harsh spotlight is cast on
the auto industry in America
809
00:43:34,200 --> 00:43:38,370
and Nader chooses the Corvair
as the focus for his crusade.
810
00:43:39,640 --> 00:43:42,280
- You have designs of cars
where on the steering wheel,
811
00:43:42,380 --> 00:43:45,110
there's this massive spike
'cause it looks cool.
812
00:43:45,210 --> 00:43:47,010
Well yeah, if you stop short,
813
00:43:47,120 --> 00:43:49,180
right, you're gonna get spiked.
814
00:43:49,290 --> 00:43:50,580
People are going
through windshields
815
00:43:50,650 --> 00:43:53,090
that are not shatter proof.
816
00:43:53,190 --> 00:43:54,890
- Nader looked at the
management of the Big Three
817
00:43:54,990 --> 00:43:57,020
as the enemy of the
American people.
818
00:43:57,130 --> 00:43:58,090
They were the ones
who were responsible
819
00:43:58,190 --> 00:44:00,160
for all these deaths.
820
00:44:00,260 --> 00:44:03,900
- [Narrator] The Corvair's
design made it an easy target.
821
00:44:04,000 --> 00:44:08,140
- The Corvair had swing axles
and under certain conditions,
822
00:44:08,240 --> 00:44:10,840
it would not handle
as predictably
823
00:44:10,940 --> 00:44:13,610
as the cars that
Americans were used to.
824
00:44:13,710 --> 00:44:15,540
- [Narrator] Sales of
the Corvair plummet
825
00:44:15,640 --> 00:44:20,010
from nearly 200,000 in year
one to only 6,000 in year five.
826
00:44:24,090 --> 00:44:26,490
While Washington moves to
put tougher safety measures
827
00:44:26,590 --> 00:44:30,620
on the roughly eight
million cars made each year,
828
00:44:30,730 --> 00:44:34,900
Nader's mounting attacks
rattle every car maker,
829
00:44:35,000 --> 00:44:38,700
except Pontiac's chief
engineer, John DeLorean,
830
00:44:40,240 --> 00:44:44,370
who has his own ideas about
what's best for General Motors.
831
00:44:44,470 --> 00:44:47,570
(anticipatory music)
832
00:44:49,610 --> 00:44:52,410
- He was a guy that just
had this immense confidence.
833
00:44:52,510 --> 00:44:56,980
When he walked into the
room, people knew who he was.
834
00:44:57,090 --> 00:44:57,720
- Ed.
835
00:45:00,920 --> 00:45:04,560
I wanna sell something that we
can proud of, something fast,
836
00:45:04,660 --> 00:45:08,630
a car that makes your eyeballs
roll back in your head.
837
00:45:10,930 --> 00:45:13,130
- You have to remember, John,
838
00:45:14,100 --> 00:45:17,270
you can't just do
whatever you want.
839
00:45:17,370 --> 00:45:21,240
The government is worried
about public safety.
840
00:45:21,340 --> 00:45:23,940
- I'm just trying to
make better Pontiacs.
841
00:45:24,050 --> 00:45:26,380
Otherwise, what's the point?
842
00:45:27,350 --> 00:45:30,950
- The point is to
support General Motors.
843
00:45:31,720 --> 00:45:33,950
We're not making race cars.
844
00:45:35,520 --> 00:45:39,530
- Americans want speed
and we need to deliver it
845
00:45:40,430 --> 00:45:42,730
or they'll buy something else.
846
00:45:45,600 --> 00:45:48,140
- [Narrator] DeLorean
sees what Ed Cole doesn't.
847
00:45:48,240 --> 00:45:50,970
(dramatic music)
848
00:45:51,070 --> 00:45:52,270
(engines rumbling)
849
00:45:52,370 --> 00:45:56,910
But the next generation of car
buyers are focused on one thing,
850
00:45:57,010 --> 00:46:00,980
the thrill that only an
American muscle car can deliver,
851
00:46:01,080 --> 00:46:03,250
and in Detroit, Woodward Avenue
852
00:46:03,350 --> 00:46:06,120
becomes the center
of the action.
853
00:46:08,190 --> 00:46:12,990
(engines revving)
(people cheering)
854
00:46:13,100 --> 00:46:15,060
- Woodward Avenue goes
from the Detroit River
855
00:46:15,160 --> 00:46:17,300
all the way out through Pontiac,
856
00:46:17,400 --> 00:46:20,070
must be more than 20 miles long,
857
00:46:20,170 --> 00:46:23,700
and it was a very popular
place to drag race.
858
00:46:27,580 --> 00:46:30,510
- But what separated
Detroit from any place else
859
00:46:30,610 --> 00:46:33,850
was the fact that some
of the car companies
860
00:46:33,950 --> 00:46:37,520
would bring experimental
cars under disguise
861
00:46:37,620 --> 00:46:39,550
and drag race along
with everyone else.
862
00:46:39,660 --> 00:46:42,560
(engines rumbling)
863
00:46:43,630 --> 00:46:45,430
- [Narrator] And DeLorean
isn't the only executive
864
00:46:45,530 --> 00:46:48,430
that sees what
young America wants.
865
00:46:49,360 --> 00:46:52,200
Lee Iacocca's star
is on the rise.
866
00:46:53,270 --> 00:46:56,000
- Iacocca was someone with
an attention for detail
867
00:46:56,110 --> 00:46:58,510
but also was someone
with great insight
868
00:46:58,610 --> 00:47:01,540
as to what the
market would want.
869
00:47:01,640 --> 00:47:03,080
- [Narrator] He
starts as an engineer
870
00:47:03,180 --> 00:47:05,010
but quickly moves to sales
871
00:47:05,110 --> 00:47:08,550
and continues advancing up
Ford's corporate ladder.
872
00:47:08,650 --> 00:47:11,380
- Lee Iacocca kind of won
a reputation for himself
873
00:47:11,490 --> 00:47:14,320
as being very bright
and very charismatic,
874
00:47:14,420 --> 00:47:17,460
and he had gone up the food
chain at Ford Motor Company
875
00:47:17,560 --> 00:47:20,190
one promotion after another.
876
00:47:20,300 --> 00:47:21,560
- Lee?
877
00:47:21,660 --> 00:47:24,130
(laughing)
878
00:47:24,230 --> 00:47:26,330
What's a Ford man
doin' out here.
879
00:47:26,440 --> 00:47:30,270
You're a little outta
your element, aren't ya?
880
00:47:31,340 --> 00:47:33,210
- Who are you to talk?
881
00:47:33,310 --> 00:47:35,480
You guys make cars
for little old ladies
882
00:47:35,580 --> 00:47:37,480
to drive to church on Sundays.
883
00:47:37,580 --> 00:47:38,550
- Not anymore.
884
00:47:40,520 --> 00:47:41,520
Take a look.
885
00:47:44,620 --> 00:47:46,490
Over 300 horsepower.
886
00:47:50,330 --> 00:47:51,730
- What's the point?
887
00:47:53,000 --> 00:47:55,430
GM's never gonna
let you build this.
888
00:47:55,530 --> 00:47:58,500
- That's why I'm not
asking for permission.
889
00:47:58,600 --> 00:48:01,540
- John, how many of these kids
890
00:48:01,640 --> 00:48:05,110
do you think will be
able to afford it?
891
00:48:07,680 --> 00:48:09,540
I'm sure it's fun
to drive, John,
892
00:48:09,650 --> 00:48:12,110
that isn't enough.
893
00:48:12,210 --> 00:48:13,380
People want a car they can drive
894
00:48:13,480 --> 00:48:16,420
to the country club on Friday,
895
00:48:16,520 --> 00:48:20,490
to the drag strip on Saturday,
and to church on Sunday.
896
00:48:25,190 --> 00:48:29,400
- The only one of those I
care about is the drag strip.
897
00:48:29,500 --> 00:48:31,930
(laughing)
898
00:48:33,570 --> 00:48:36,570
- Lee Iacocca, part of his
conflict with John DeLorean
899
00:48:36,670 --> 00:48:40,910
was that they both had the
attention of the industry,
900
00:48:41,010 --> 00:48:44,010
Iacocca more as
corporate executive,
901
00:48:46,180 --> 00:48:49,650
DeLorean more as a
critic of General Motors,
902
00:48:51,290 --> 00:48:55,360
but they both knew exactly
what people were lookin' for.
903
00:48:55,460 --> 00:48:58,290
(engines revving)
904
00:49:01,400 --> 00:49:03,500
- [Narrator] Both
Iacocca and DeLorean
905
00:49:03,600 --> 00:49:06,530
know they must
double down on speed
906
00:49:09,540 --> 00:49:11,540
or get left in the dust.
907
00:49:15,100 --> 00:49:19,200
-[Narrator] The 1950s, an
American age of optimism,
908
00:49:19,310 --> 00:49:22,240
confidence, and style.
909
00:49:22,580 --> 00:49:24,980
Reflected in
Detroit's bold designs
910
00:49:25,080 --> 00:49:27,050
are tail fins,
911
00:49:27,150 --> 00:49:29,450
chrome, and hot rod
engines.
912
00:49:29,550 --> 00:49:30,850
(radio static)
913
00:49:30,950 --> 00:49:34,350
The '50s give way to
the turbulent '60s.
914
00:49:34,460 --> 00:49:37,860
America is changing,
people are standing up
915
00:49:37,960 --> 00:49:39,020
for their civil rights,
916
00:49:39,130 --> 00:49:40,030
(choppr blades whirring)
917
00:49:40,130 --> 00:49:43,430
and new war in Vietnam
is looming.
918
00:49:44,670 --> 00:49:46,530
One maverick auto executive
919
00:49:46,630 --> 00:49:48,200
believes that a restless nation
920
00:49:48,300 --> 00:49:51,540
craves what only
Detroit can deliver,
921
00:49:51,610 --> 00:49:55,070
raw power, speed, and flash.
922
00:49:55,180 --> 00:49:58,110
(dramatic music)
923
00:50:11,530 --> 00:50:12,360
- Okay.
924
00:50:14,700 --> 00:50:17,300
Let's see how this baby runs.
925
00:50:19,330 --> 00:50:21,230
- [Narrator] After
months of fine tuning
926
00:50:21,340 --> 00:50:24,970
and real-world testing
on Woodward Avenue,
927
00:50:25,070 --> 00:50:28,570
John DeLorean is ready
to unleash a monster.
928
00:50:28,680 --> 00:50:31,440
(engine revving)
929
00:50:47,600 --> 00:50:50,460
- That's how a car
is supposed to sound.
930
00:50:50,560 --> 00:50:52,430
(laughs)
931
00:50:55,740 --> 00:50:58,240
- [Narrator] DeLorean
builds the ultimate Pontiac,
932
00:50:58,340 --> 00:51:00,140
secretly adding
an option package
933
00:51:00,240 --> 00:51:03,010
to the already-established
Tempest.
934
00:51:03,110 --> 00:51:04,610
Whe he was running Pontiac,
935
00:51:04,710 --> 00:51:07,350
John DeLorean put a
389 cubic inch engine
936
00:51:07,450 --> 00:51:11,380
into the Pontiac body and
called that option the GTO
937
00:51:11,490 --> 00:51:14,250
and that, it kind of
circumvented the rules
938
00:51:14,360 --> 00:51:16,290
'cause they weren't
really making a car,
939
00:51:16,390 --> 00:51:18,390
they were making an option.
940
00:51:18,460 --> 00:51:21,430
(dramatic music)
941
00:51:25,230 --> 00:51:28,370
- [Narrator] In the spring
of 1964, DeLorean releases
942
00:51:28,470 --> 00:51:32,200
the option package called the
Gran Turismo Omologato
943
00:51:33,110 --> 00:51:34,110
or GTO.
944
00:51:34,210 --> 00:51:35,710
(energetic music)
945
00:51:35,780 --> 00:51:37,540
The GTO offers an optional
946
00:51:37,650 --> 00:51:40,410
four-speed four-in-the-floor
transmission.
947
00:51:40,510 --> 00:51:44,950
It features a Hurst shifter,
dual exhaust, hood scoops,
948
00:51:45,050 --> 00:51:48,590
and under the hood is
a 389 cubic inch
949
00:51:48,690 --> 00:51:51,690
6.4 liter V8 engine
950
00:51:51,790 --> 00:51:56,030
delivering 325 horsepower.
951
00:51:57,260 --> 00:51:59,000
- Pontiac GTO, that
was an incredible car.
952
00:51:59,100 --> 00:52:03,500
That just symbolized horsepower
and symbolized speed.
953
00:52:03,600 --> 00:52:05,500
(laughs)
954
00:52:05,610 --> 00:52:09,480
Yeah, that was a really
masculine, sexy car.
955
00:52:10,480 --> 00:52:12,480
(birds chirping)
956
00:52:12,580 --> 00:52:14,280
(tiger growling)
957
00:52:14,380 --> 00:52:17,050
- Really what I consider
DeLorean to be was a marketer.
958
00:52:17,150 --> 00:52:20,950
He figured out how to
create brand excitement.
959
00:52:21,060 --> 00:52:23,620
(exciting music)
960
00:52:25,430 --> 00:52:29,390
- [Announcer] Some sporty
cars are only pussycats.
961
00:52:31,500 --> 00:52:33,570
Pontiac's GTO is all tiger.
962
00:52:36,300 --> 00:52:37,540
Agile,
963
00:52:37,640 --> 00:52:38,500
nimble,
964
00:52:38,610 --> 00:52:40,140
all wide track.
965
00:52:41,440 --> 00:52:45,210
- DeLorean had a way of
being brash and daring
966
00:52:45,310 --> 00:52:50,320
and infusing his cars
with his own personality.
967
00:52:53,020 --> 00:52:54,320
- [Announcer] GTO.
968
00:52:55,360 --> 00:52:57,260
- The people at Pontiac,
his sales people
969
00:52:57,320 --> 00:53:00,390
felt would only sell
5,000 in its first year.
970
00:53:00,490 --> 00:53:02,090
They sold 35,000.
971
00:53:03,400 --> 00:53:07,230
- [Narrator] Motor Trend chooses
the entire Pontiac lineup
972
00:53:07,330 --> 00:53:09,740
as Car of the Year for 1965.
973
00:53:10,370 --> 00:53:11,970
And over the next five years,
974
00:53:12,070 --> 00:53:17,310
Pontiac sells over 350,000 GTOs.
975
00:53:17,410 --> 00:53:20,010
- That was the birth
of the muscle car era.
976
00:53:20,110 --> 00:53:24,520
They're these certain cars
that have attracted a following
977
00:53:24,590 --> 00:53:28,750
and created a myth that is
far beyond the car itself.
978
00:53:30,590 --> 00:53:33,160
- In that era, we saw
engines that were produced
979
00:53:33,260 --> 00:53:35,260
that had practically no business
980
00:53:35,360 --> 00:53:38,200
being on the road
except to race.
981
00:53:38,300 --> 00:53:40,300
(engines revving)
982
00:53:41,670 --> 00:53:44,900
- We used to drag race and
have our buddies look out
983
00:53:45,010 --> 00:53:47,370
for traffic and then flash
lights or something like that
984
00:53:47,470 --> 00:53:51,640
if something was going, but
everything was a race track.
985
00:53:52,150 --> 00:53:54,580
- [Narrator] Young
America may want speed,
986
00:53:56,280 --> 00:53:59,450
but General Motors management
isn't on the same page.
987
00:54:01,490 --> 00:54:02,920
- Says here, you're
the auto industry's
988
00:54:03,020 --> 00:54:05,120
flashiest new executive.
989
00:54:05,230 --> 00:54:07,130
- That's not sayin'
much in Detroit.
990
00:54:07,230 --> 00:54:09,260
(laughing)
991
00:54:10,630 --> 00:54:13,900
- You know how things
work here, John.
992
00:54:14,000 --> 00:54:16,000
The company comes first.
993
00:54:18,610 --> 00:54:20,440
Just because your GTO is selling
994
00:54:20,540 --> 00:54:23,440
doesn't mean it's good for GM.
995
00:54:23,580 --> 00:54:27,110
- I thought you said selling
cars is what it's all about.
996
00:54:27,210 --> 00:54:29,350
- It is about
selling cars, John,
997
00:54:29,450 --> 00:54:32,120
but the government is
lookin' to make an example
998
00:54:32,220 --> 00:54:33,890
out of one of the Big Three,
999
00:54:33,990 --> 00:54:36,360
so your GTO, it
isn't helpin' us!
1000
00:54:36,460 --> 00:54:39,120
- I never thought
you'd sell out.
1001
00:54:39,230 --> 00:54:40,390
- You know, times change, John.
1002
00:54:40,490 --> 00:54:42,190
- Clearly!
1003
00:54:42,300 --> 00:54:43,900
Since when do you back
down from a challenge.
1004
00:54:44,000 --> 00:54:46,470
- You know, 200 horsepower
is one thing, John,
1005
00:54:46,570 --> 00:54:49,300
400 horsepower,
it's a death wish.
1006
00:54:49,400 --> 00:54:52,040
(dramatic music)
1007
00:54:52,140 --> 00:54:54,610
(phone ringing)
1008
00:54:57,650 --> 00:55:01,080
- [Narrator] As sales of the GTO
continue to explode,
1009
00:55:01,180 --> 00:55:03,220
the Big Three become locked into
1010
00:55:03,320 --> 00:55:04,550
what's become known as
1011
00:55:04,650 --> 00:55:05,920
the horsepower wars.
1012
00:55:06,020 --> 00:55:09,150
(engine revving)
(tires screeching)
1013
00:55:09,290 --> 00:55:11,960
- Everybody in the Big
Three was building something
1014
00:55:12,060 --> 00:55:14,130
that had tons of horsepower,
1015
00:55:14,230 --> 00:55:16,660
and it became an arms race.
1016
00:55:16,730 --> 00:55:19,260
- The car that always stuck
out to me was the Camaro.
1017
00:55:19,370 --> 00:55:21,130
It was loud and fast.
1018
00:55:22,170 --> 00:55:24,270
It just screamed awesome.
1019
00:55:25,340 --> 00:55:28,740
- Chevelle is a iconic
car as they come.
1020
00:55:30,040 --> 00:55:33,180
I was a son to a race car
driver that was Chevy guy.
1021
00:55:33,280 --> 00:55:36,920
He instilled that
into the whole family.
1022
00:55:36,980 --> 00:55:39,350
- The El Camino, that's my take
1023
00:55:39,450 --> 00:55:43,060
on a beautiful
custom muscle car,
1024
00:55:43,160 --> 00:55:45,420
and I feel like when I drive
that car, I've got an attitude.
1025
00:55:45,530 --> 00:55:49,700
(engines revving)
(dramatic music)
1026
00:55:54,640 --> 00:55:57,440
- [Narrator] Iacocca didn't
beat DeLorean to market,
1027
00:55:57,540 --> 00:56:01,010
but he is determined to put
Ford in the horsepower game.
1028
00:56:01,940 --> 00:56:05,380
His problem, his boss Hank Ford,
1029
00:56:05,480 --> 00:56:06,980
is still reeling from the flop
1030
00:56:07,080 --> 00:56:09,180
of the radically-designed Edsel,
1031
00:56:09,280 --> 00:56:13,390
a failure that cost him a
staggering $350 million,
1032
00:56:13,490 --> 00:56:16,090
or 3 billion today.
1033
00:56:16,190 --> 00:56:17,020
- [Lee] Hank!
1034
00:56:17,120 --> 00:56:17,560
- [Narrator] Or
three billion today.
1035
00:56:17,660 --> 00:56:19,420
- Not now, Lee.
1036
00:56:19,530 --> 00:56:21,030
- The Edsel disaster shouldn't
1037
00:56:21,130 --> 00:56:23,260
keep us from trying to innovate.
1038
00:56:23,360 --> 00:56:25,160
- That disaster, as you call it,
1039
00:56:25,270 --> 00:56:27,930
ruined my father's good name
and cost this company millions.
1040
00:56:28,040 --> 00:56:32,070
- There's room for small
cars, but the kids want speed.
1041
00:56:32,170 --> 00:56:34,340
- Well, who cares
what the kids want.
1042
00:56:34,440 --> 00:56:35,970
- You should.
1043
00:56:36,080 --> 00:56:38,580
The under 25s are
buying more new cars
1044
00:56:38,680 --> 00:56:40,750
than any other age group.
1045
00:56:44,080 --> 00:56:46,080
- Fine, but whatever
you come up with,
1046
00:56:46,190 --> 00:56:48,220
it better not be expensive.
1047
00:56:49,660 --> 00:56:53,290
- It'll be the lowest-priced
fast car money can buy.
1048
00:56:53,390 --> 00:56:56,130
(tense music)
1049
00:56:56,230 --> 00:56:58,930
- Lee Iacocca was a very
interesting man in many ways.
1050
00:56:59,030 --> 00:57:00,470
He was a maverick.
1051
00:57:00,570 --> 00:57:03,000
His mind was very
fertile all the time
1052
00:57:03,100 --> 00:57:05,940
and always thinking,
what can we do next
1053
00:57:06,040 --> 00:57:08,710
that's different, that's better.
1054
00:57:09,410 --> 00:57:10,440
- [Narrator] Iacocca
knows that Hank
1055
00:57:10,540 --> 00:57:13,050
is extremely cost-conscious,
1056
00:57:13,150 --> 00:57:16,580
so he uses parts from
Ford's Falcon and Fairlane,
1057
00:57:16,680 --> 00:57:19,650
but he needs a new
look for the car.
1058
00:57:21,020 --> 00:57:22,050
- He didn't build
this car from scratch,
1059
00:57:22,160 --> 00:57:24,920
but what he was able to
achieve is pretty cool.
1060
00:57:25,030 --> 00:57:26,190
The whole process
of designing it
1061
00:57:26,290 --> 00:57:28,060
and building it and
coming up with that,
1062
00:57:28,160 --> 00:57:31,060
I think that made him a
really smart business man.
1063
00:57:31,170 --> 00:57:32,630
- [Narrator] Iacocca
wants to show off
1064
00:57:32,730 --> 00:57:35,200
his new compact muscle car,
1065
00:57:35,300 --> 00:57:39,070
and he chooses to unveil it
at the 1964 World's Fair.
1066
00:57:41,610 --> 00:57:42,570
- [Announcer] Out at
the Ford pavilion,
1067
00:57:42,680 --> 00:57:46,110
there's a daydream
corner called Mustang.
1068
00:57:46,210 --> 00:57:49,180
(dramatic music)
1069
00:57:53,050 --> 00:57:56,250
- Nobody knew how big a
success it was gonna be.
1070
00:57:56,360 --> 00:58:00,130
Well, they sold hundreds
of thousands of them.
1071
00:58:02,100 --> 00:58:05,030
Young people had a car
that they could look at
1072
00:58:05,130 --> 00:58:07,130
and say, that's for me.
1073
00:58:07,230 --> 00:58:09,530
(engine rumbling)
1074
00:58:09,640 --> 00:58:12,440
- There were a lot of
hot rods but very little style.
1075
00:58:12,540 --> 00:58:14,910
They were all go, no show.
1076
00:58:15,010 --> 00:58:18,140
The Mustang itself
was go and show.
1077
00:58:23,320 --> 00:58:24,980
- The Mustang's killin' it.
1078
00:58:25,090 --> 00:58:27,350
Sales are through the roof.
1079
00:58:27,520 --> 00:58:30,860
- [Narrator] Ford rolls
out nearly 700,000 Mustangs
1080
00:58:30,960 --> 00:58:33,060
in the first 18 months,
1081
00:58:33,160 --> 00:58:37,000
outselling the GTO
nearly seven to one,
1082
00:58:37,100 --> 00:58:40,930
making Iacocca an
automotive star.
1083
00:58:41,030 --> 00:58:43,100
- So, you made the cover.
1084
00:58:44,300 --> 00:58:46,400
- Hank, if you read it,
1085
00:58:46,510 --> 00:58:49,370
you'll see that I talked
about how open you are
1086
00:58:49,480 --> 00:58:52,980
to new ideas, how your
leadership was crucial.
1087
00:58:53,080 --> 00:58:55,050
- It's not about me.
1088
00:58:55,150 --> 00:58:55,980
- Really?
1089
00:58:57,020 --> 00:58:58,350
- It's about the car.
1090
00:58:58,450 --> 00:59:00,990
As long as it's the
Ford Motor Company,
1091
00:59:01,090 --> 00:59:04,920
I want the cars front and
center, not the executives
1092
00:59:05,030 --> 00:59:05,990
and don't forget it.
1093
00:59:06,090 --> 00:59:08,990
(tense music)
1094
00:59:09,100 --> 00:59:10,660
- You got it, Hank.
1095
00:59:21,720 --> 00:59:24,430
(exciting music)
1096
00:59:24,530 --> 00:59:26,960
(engine revving)
1097
00:59:27,060 --> 00:59:29,060
- [Narrator] By the early 1970s,
1098
00:59:29,130 --> 00:59:33,300
Detroit is delivering Americans
more power than ever before.
1099
00:59:39,180 --> 00:59:42,940
Pontiac's GTO gives
way to Ford's Mustang,
1100
00:59:43,050 --> 00:59:47,380
which sells almost a million
cars in under two years,
1101
00:59:47,480 --> 00:59:49,350
propelling Lee Iacocca
1102
00:59:49,450 --> 00:59:52,120
to president of the
Ford Motor Company.
1103
00:59:52,220 --> 00:59:55,290
- Detroit knows who's
designing things now.
1104
00:59:55,390 --> 00:59:58,330
- [Narrator] But Ford
still lags behind GM,
1105
00:59:58,430 --> 01:00:00,930
which is selling
twice as many cars.
1106
01:00:01,030 --> 01:00:02,930
(engines revving)
1107
01:00:03,030 --> 01:00:05,570
Then, a perfect
storm bears down
1108
01:00:05,670 --> 01:00:08,070
on the American car industry.
1109
01:00:08,770 --> 01:00:12,240
OPEC hits the U.S.
with an oil embargo.
1110
01:00:13,140 --> 01:00:16,510
Gas prices go sky high,
1111
01:00:16,610 --> 01:00:18,480
the economy slows,
1112
01:00:19,350 --> 01:00:23,280
leaving the door open
for outside competition.
1113
01:00:23,390 --> 01:00:24,490
- American automotive industry
1114
01:00:24,550 --> 01:00:26,690
was churning out
these gas guzzlers.
1115
01:00:26,790 --> 01:00:30,490
That is fine when gasoline
is 10 cents a gallon,
1116
01:00:30,590 --> 01:00:31,690
but it's a real problem
1117
01:00:31,790 --> 01:00:35,230
when it's three, four,
five dollars a gallon.
1118
01:00:35,330 --> 01:00:37,670
- [Narrator] With their
focus still on muscle cars,
1119
01:00:37,770 --> 01:00:40,700
the Big Three are slow to react.
1120
01:00:40,800 --> 01:00:43,200
- The tide was coming in
heavily from the east,
1121
01:00:43,310 --> 01:00:46,010
Toyota, Honda,
Nissan were coming in
1122
01:00:46,110 --> 01:00:47,680
and finding a big
receptive audience
1123
01:00:47,780 --> 01:00:50,680
because they were fuel
efficient, cleverly designed,
1124
01:00:50,780 --> 01:00:52,450
and they were small.
1125
01:00:53,420 --> 01:00:56,280
- We just didn't see it coming.
1126
01:00:56,390 --> 01:00:59,320
We got caught looking
the wrong way.
1127
01:01:00,760 --> 01:01:02,390
- [Narrator] Smaller,
more fuel-efficient cars
1128
01:01:02,490 --> 01:01:05,390
from Asia and Europe
flood the market.
1129
01:01:05,490 --> 01:01:08,600
The German Volkswagen Beetle
goes from novelty,
1130
01:01:08,700 --> 01:01:12,930
to selling 1/2 a million in 1970
1131
01:01:13,040 --> 01:01:14,370
overtaking the Model T
1132
01:01:14,470 --> 01:01:18,140
as the best-selling
car of all time.
1133
01:01:19,040 --> 01:01:20,510
- [Announcer] Motor Trend
magazine tested the
1134
01:01:20,610 --> 01:01:23,480
Toyota Corolla with the new
102 horsepower engine
1135
01:01:23,580 --> 01:01:25,450
and came up with this.
1136
01:01:25,550 --> 01:01:28,320
- [Narrator] Japanese
auto makers in the 1970s
1137
01:01:28,420 --> 01:01:31,450
go from selling a few 100
thousand cars in the U.S.
1138
01:01:31,550 --> 01:01:35,720
To 1.5 million, increasing
sales by a staggering
1139
01:01:36,060 --> 01:01:37,590
500 percent.
1140
01:01:37,690 --> 01:01:38,660
- Turns out the
Germans are making
1141
01:01:38,760 --> 01:01:40,560
better cars than
the United States.
1142
01:01:40,660 --> 01:01:42,130
The Japanese are
making just as good
1143
01:01:42,230 --> 01:01:43,960
and a lot cheaper cars,
1144
01:01:44,070 --> 01:01:46,970
and now Detroit's gettin'
hurt 'cause they have been,
1145
01:01:47,070 --> 01:01:49,500
they've been fat, dumb and
happy for way too long
1146
01:01:49,610 --> 01:01:52,940
and they've lost their
competitive edge.
1147
01:01:53,040 --> 01:01:55,610
- [Narrator] American car
makers need an answer,
1148
01:01:55,710 --> 01:02:00,280
and Hank Ford turns to Lee
Iacocca to find it.
1149
01:02:00,380 --> 01:02:03,120
- [Hank] How's the
new one comin' along?
1150
01:02:03,220 --> 01:02:07,120
- Don't worry, Hank, I'll
save our asses again.
1151
01:02:08,660 --> 01:02:11,260
- Well, you better have
it ready by September.
1152
01:02:11,360 --> 01:02:13,890
We're rolling out a big
ad campaign to support it.
1153
01:02:14,000 --> 01:02:17,260
- Look, I want it
to be ready too,
1154
01:02:17,370 --> 01:02:20,700
but we're moving faster
than we should be.
1155
01:02:22,000 --> 01:02:24,640
- Never explain, never complain.
1156
01:02:24,740 --> 01:02:27,540
Those are your words, not mine.
1157
01:02:29,610 --> 01:02:30,440
- Hank,
1158
01:02:32,550 --> 01:02:34,580
you can take the credit,
1159
01:02:34,680 --> 01:02:37,650
you can count your profits,
1160
01:02:37,720 --> 01:02:41,690
but let's be clear about
who's doing the actual work.
1161
01:02:43,190 --> 01:02:46,260
It'll be ready when
I say it's ready.
1162
01:02:48,630 --> 01:02:51,570
- Lee Iacocca, if he had
been in any other place,
1163
01:02:51,670 --> 01:02:56,070
would probably be a
chief executive officer,
1164
01:02:57,170 --> 01:02:59,240
but this was a family company.
1165
01:02:59,340 --> 01:03:01,510
Part of his conflict
with Henry Ford II
1166
01:03:01,610 --> 01:03:04,180
was the fact that
he was a hired hand.
1167
01:03:04,280 --> 01:03:06,750
It was very humiliating for him.
1168
01:03:08,480 --> 01:03:11,080
(mellow music)
1169
01:03:12,590 --> 01:03:15,920
- [Announcer] Meet
the Pinto, just born.
1170
01:03:16,030 --> 01:03:17,460
- [Narrator] The
Pinto was released
1171
01:03:17,560 --> 01:03:19,190
after one of the shortest
development periods
1172
01:03:19,300 --> 01:03:23,030
in automotive history,
just 25 months,
1173
01:03:23,130 --> 01:03:28,300
the cost, $1,800.00
or $11,000 today.
1174
01:03:28,700 --> 01:03:34,140
The Pinto is a hit, selling
over 350,000 in the first year.
1175
01:03:35,310 --> 01:03:38,580
There's now a mad dash to
enter the compact car market
1176
01:03:38,680 --> 01:03:41,520
and dominate foreign imports.
1177
01:03:41,620 --> 01:03:45,390
Chrysler rushes to release
its Plymouth Cricket,
1178
01:03:45,490 --> 01:03:48,260
which boasts more interior
room than the Pinto.
1179
01:03:48,360 --> 01:03:50,520
(anticipatory music)
1180
01:03:50,590 --> 01:03:52,530
At GM, Ed Cole is feeling
1181
01:03:52,630 --> 01:03:55,530
the pressure to
match Ford's success,
1182
01:03:55,630 --> 01:03:58,930
and looks to the man who
brought him the muscle car,
1183
01:03:59,030 --> 01:04:02,200
flashy executive John DeLorean.
1184
01:04:02,300 --> 01:04:05,540
- John DeLorean is
headstrong, determined,
1185
01:04:05,640 --> 01:04:09,610
able to latch onto a dream
and see it through to the end,
1186
01:04:09,710 --> 01:04:15,450
and let's add he was a
megalomaniac in so many ways.
1187
01:04:15,550 --> 01:04:18,450
He was a guy who had facelifts
and things like that,
1188
01:04:18,550 --> 01:04:20,420
so he looked a lot younger
1189
01:04:20,520 --> 01:04:24,020
but a very distinctively
handsome individual.
1190
01:04:24,130 --> 01:04:25,360
- Let's call him Maverick
1191
01:04:25,430 --> 01:04:29,600
because he had to have
ideas that were new,
1192
01:04:30,430 --> 01:04:33,470
- I mean, it's just
gettin' women, oh!
1193
01:04:33,570 --> 01:04:36,240
- We missed ya the
last couple of weeks.
1194
01:04:36,310 --> 01:04:39,040
Hope you went somewhere nice.
1195
01:04:39,140 --> 01:04:42,980
- I told you, I was
having surgery in L.A.
1196
01:04:43,080 --> 01:04:44,950
How have things
been around here?
1197
01:04:45,050 --> 01:04:48,450
- I'm up to my ass in
labor negotiations.
1198
01:04:48,550 --> 01:04:51,250
How's the compact design coming?
1199
01:04:51,350 --> 01:04:53,150
- It'll be ready for the fall,
1200
01:04:53,260 --> 01:04:56,160
just in time to
ruin my reputation.
1201
01:04:57,260 --> 01:05:00,090
- I know it's not your dream
car, but get behind it.
1202
01:05:00,200 --> 01:05:03,460
Ford's Pinto is
tough competition.
1203
01:05:03,570 --> 01:05:05,330
- You got it, Ed.
1204
01:05:05,430 --> 01:05:07,000
We'll destroy the Pinto.
1205
01:05:07,100 --> 01:05:09,640
(dramatic music)
1206
01:05:12,640 --> 01:05:17,010
(phone ringing)
(typewriter clicking)
1207
01:05:20,520 --> 01:05:23,450
(engine rumbling)
1208
01:05:23,550 --> 01:05:26,050
- [Announcer] Motor Trend
magazine has named our Vega
1209
01:05:26,160 --> 01:05:28,390
their 1971 Car of the Year.
1210
01:05:29,290 --> 01:05:30,490
(exciting music)
1211
01:05:30,590 --> 01:05:31,660
- [Narrator] Chevy's
Vega features
1212
01:05:31,760 --> 01:05:34,460
an innovative lightweight
aluminum engine
1213
01:05:34,560 --> 01:05:38,530
and comes in a hatchback,
sedan, and even a station wagon.
1214
01:05:38,630 --> 01:05:43,900
GM sells more than a 1/4
million Vegas in the first year,
1215
01:05:44,010 --> 01:05:46,370
but the success of
the Vega and Pinto
1216
01:05:46,480 --> 01:05:47,370
is about to come to an end.
1217
01:05:48,280 --> 01:05:50,540
(crashing)
(dramatic music)
1218
01:05:50,650 --> 01:05:54,310
- Pintos and the Vegas, they
were really pretty bad cars.
1219
01:05:54,420 --> 01:05:57,350
The American car manufacturers,
through their arrogance,
1220
01:05:57,450 --> 01:05:59,520
kind of foisted
off on the public,
1221
01:05:59,620 --> 01:06:01,360
well, here's an economy car,
1222
01:06:01,460 --> 01:06:06,090
but it's really a cheap car
and it's not a good car.
1223
01:06:06,200 --> 01:06:07,590
- [Narrator] Consumers
discover the Vega
1224
01:06:07,700 --> 01:06:12,330
has defective axles, throttles,
and rust-prone engines
1225
01:06:12,430 --> 01:06:16,100
prompting a huge recall
costing GM millions.
1226
01:06:17,640 --> 01:06:19,110
- [Narrator] Reports
come out of a faulty
1227
01:06:19,210 --> 01:06:21,510
fuel tank design on the Pinto.
1228
01:06:22,680 --> 01:06:25,480
It causes fires and explosions.
1229
01:06:27,720 --> 01:06:30,150
Sales immediately fall off.
1230
01:06:31,590 --> 01:06:33,990
(tense music)
1231
01:06:34,090 --> 01:06:38,260
Ford recalls a million
and a 1/2 of them.
1232
01:06:44,300 --> 01:06:46,530
But Chrysler's Cricket
fairs even worse,
1233
01:06:46,640 --> 01:06:50,370
selling less than a 1/10
of the Pinto and Vega,
1234
01:06:50,470 --> 01:06:52,570
helping put the once
great auto giant
1235
01:06:52,670 --> 01:06:56,510
3/4 of a billion
dollars into debt.
1236
01:06:57,450 --> 01:07:01,550
All three go down as some
of the worst cars ever made.
1237
01:07:03,120 --> 01:07:05,350
(engines rumbling)
1238
01:07:05,450 --> 01:07:07,420
Despite the failure
of this compact,
1239
01:07:07,520 --> 01:07:10,560
DeLorean maintains
a high-profile
1240
01:07:10,660 --> 01:07:15,300
as his tumultuous personal life
keeps him in the headlines.
1241
01:07:15,400 --> 01:07:18,170
- Try actin' like
a damn grownup!
1242
01:07:18,270 --> 01:07:20,330
I mean, look at
how you're dressed.
1243
01:07:20,440 --> 01:07:22,370
(dramatic music)
1244
01:07:22,470 --> 01:07:26,110
You've got to tone
things down, John.
1245
01:07:26,210 --> 01:07:27,340
I can't have you appearing
1246
01:07:27,440 --> 01:07:31,550
in some Hollywood gossip
rag every other week.
1247
01:07:31,650 --> 01:07:34,480
- My private life
is my business.
1248
01:07:34,580 --> 01:07:37,450
- Your missin' the key
word there, private,
1249
01:07:37,550 --> 01:07:39,350
and I'm readin' about it.
1250
01:07:39,460 --> 01:07:42,460
- All press is good
press, isn't it?
1251
01:07:43,660 --> 01:07:48,030
Don't worry, I won't be damaging
GM's reputation any longer.
1252
01:07:49,060 --> 01:07:49,700
I quit!
1253
01:07:52,270 --> 01:07:57,070
Go find someone else to do
all the work around here.
1254
01:07:57,170 --> 01:07:59,640
(dramatic music)
1255
01:08:14,520 --> 01:08:15,910
(phone ringing)
1256
01:08:17,390 --> 01:08:19,060
- [Narrator] As
the '70s roll on,
1257
01:08:19,160 --> 01:08:21,500
the U.S. is battling
an economy weakened
1258
01:08:21,600 --> 01:08:25,230
by recession and
surging oil prices.
1259
01:08:25,370 --> 01:08:28,340
-[Nixon] We will break the back
of the energy crisis.
1260
01:08:28,440 --> 01:08:31,210
We will lay the foundation
for our future capacity
1261
01:08:31,310 --> 01:08:34,270
to meet America's energy needs
1262
01:08:34,380 --> 01:08:37,080
from America's own resources.
1263
01:08:37,180 --> 01:08:39,350
- [Narrator] The Big
Three are struggling
1264
01:08:39,450 --> 01:08:43,220
as foreign cars begin
overtaking the market.
1265
01:08:43,320 --> 01:08:45,220
To beat the imports,
Detroit is forced
1266
01:08:45,320 --> 01:08:49,920
to double down on cheaper,
more fuel-efficient cars.
1267
01:08:50,030 --> 01:08:51,460
- There is something
to be said between
1268
01:08:51,560 --> 01:08:55,100
Henry Ford not wanting
to change the Model T
1269
01:08:55,200 --> 01:08:57,300
and the American
automobile industry
1270
01:08:57,400 --> 01:08:59,300
not wanting to change
to small cars,
1271
01:08:59,400 --> 01:09:01,300
and you really need
to be one step ahead
1272
01:09:01,400 --> 01:09:03,470
of where things are going,
not one step behind,
1273
01:09:03,570 --> 01:09:05,070
and unfortunately, that's where
1274
01:09:05,170 --> 01:09:08,540
the American industry
fell for a while.
1275
01:09:08,610 --> 01:09:10,410
- [Narrator] Following the
Pinto recall,
1276
01:09:10,510 --> 01:09:14,150
Hank Ford loses
trust in Lee Iacocca
1277
01:09:14,250 --> 01:09:16,180
and shows him the door.
1278
01:09:16,290 --> 01:09:19,190
- When Lee Iacocca got forced
out of the Ford Motor Company,
1279
01:09:19,290 --> 01:09:22,990
it was a very humiliating
event for him.
1280
01:09:23,090 --> 01:09:24,630
He really thought of himself
1281
01:09:24,730 --> 01:09:27,430
as the future leader of
the Ford Motor Company
1282
01:09:27,530 --> 01:09:32,170
and was devastated when
they threw him out of there.
1283
01:09:32,270 --> 01:09:34,300
For number three
automaker Chrysler,
1284
01:09:34,400 --> 01:09:36,540
times couldn't be worse.
1285
01:09:36,640 --> 01:09:38,470
After the failure
of the Cricket,
1286
01:09:38,570 --> 01:09:41,210
the company is a
billion dollars in debt
1287
01:09:41,310 --> 01:09:43,080
and on the verge of bankrupcy.
1288
01:09:43,180 --> 01:09:45,480
(tense music)
1289
01:09:46,450 --> 01:09:49,020
- Chrysler was really facing
1290
01:09:49,120 --> 01:09:52,550
an existential crisis
of finance
1291
01:09:52,660 --> 01:09:55,390
and was about to fail.
1292
01:09:55,760 --> 01:09:58,230
- [Narrator] The solution
to Chrysler's problems
1293
01:09:58,330 --> 01:10:00,660
may come from an unlikely place.
1294
01:10:00,760 --> 01:10:03,100
- Just think about it Lee,
1295
01:10:03,200 --> 01:10:07,370
if you come to Chrysler, you'll
be the captain of the ship.
1296
01:10:08,500 --> 01:10:11,670
- Nobody wants to be
captain of the Titanic,
1297
01:10:11,770 --> 01:10:13,340
certainly not me.
1298
01:10:13,440 --> 01:10:16,280
(dramatic music)
1299
01:10:16,380 --> 01:10:20,350
- If anybody can turn things
around here, it's you.
1300
01:10:21,580 --> 01:10:24,380
- You have to remember that
Lee Iacocca, at that point,
1301
01:10:24,490 --> 01:10:28,990
probably wanted revenge
against Henry Ford II
1302
01:10:29,090 --> 01:10:31,560
more than anything in his life.
1303
01:10:31,660 --> 01:10:33,960
He was motivated by
this great animus
1304
01:10:34,060 --> 01:10:36,060
and this great injustice
of having been thrown out
1305
01:10:36,170 --> 01:10:40,470
of this car company that he
felt that he should be leading,
1306
01:10:40,570 --> 01:10:43,300
and so, what was the best way
1307
01:10:43,410 --> 01:10:47,010
to actually prove
that he was right?
1308
01:10:47,080 --> 01:10:49,040
- When were you thinking
of having me start?
1309
01:10:49,150 --> 01:10:51,680
(dramatic music)
1310
01:10:54,350 --> 01:10:56,150
- [Narrator] In
the fall of 1979,
1311
01:10:56,250 --> 01:10:59,950
Lee Iacocca becomes
Chrysler's president.
1312
01:11:00,020 --> 01:11:04,290
His task, saving the company
from financial collapse
1313
01:11:04,390 --> 01:11:07,390
and the 300,000
jobs in the balance.
1314
01:11:10,630 --> 01:11:12,400
- Lee Iacocca went
to the government
1315
01:11:12,500 --> 01:11:15,200
and he said, in order
to save my company,
1316
01:11:15,300 --> 01:11:17,440
I'm going to need some help
1317
01:11:17,540 --> 01:11:20,440
because even though
Chrysler wasn't the biggest,
1318
01:11:20,540 --> 01:11:24,580
it would've had an enormous
negative impact on the economy.
1319
01:11:24,680 --> 01:11:25,710
Think of the number of people
1320
01:11:25,820 --> 01:11:29,280
who would've been
jobless overnight.
1321
01:11:29,390 --> 01:11:31,650
- [Narrator] Iacocca
convinces the U.S. government
1322
01:11:31,720 --> 01:11:35,320
to bail out Chrysler
with $1.5 billion.
1323
01:11:36,590 --> 01:11:40,430
But Chrysler is losing
$150 million a quarter,
1324
01:11:41,830 --> 01:11:43,700
and Lee Iacocca
isn't the only one
1325
01:11:43,800 --> 01:11:46,470
fighting to save his career.
1326
01:11:46,570 --> 01:11:49,370
(engine revving)
1327
01:11:49,470 --> 01:11:52,110
- That's how a car
is supposed to sound.
1328
01:11:52,210 --> 01:11:53,640
(laughs)
1329
01:11:53,740 --> 01:11:55,210
- Like so many other
men in history,
1330
01:11:55,310 --> 01:11:58,380
John Zachary DeLorean wanted
to build his own care,
1331
01:11:58,480 --> 01:12:02,250
and there are many
hurdles and many pitfalls
1332
01:12:02,350 --> 01:12:08,160
and despite that, DeLorean
decided to venture forth anyway.
1333
01:12:08,790 --> 01:12:10,460
- [Narrator] He
calls his enterprise
1334
01:12:10,560 --> 01:12:13,190
the DeLorean Motor Company,
1335
01:12:13,300 --> 01:12:16,500
but without the financial
resources of the Big Three,
1336
01:12:16,600 --> 01:12:20,270
DeLorean gets creative
about managing costs.
1337
01:12:20,370 --> 01:12:23,940
He decides to make his
American dream overseas.
1338
01:12:24,040 --> 01:12:27,210
(dramatic music)
1339
01:12:27,310 --> 01:12:29,310
- The DeLorean is completed
in Northern Ireland,
1340
01:12:29,410 --> 01:12:32,080
which of all places
to build a car,
1341
01:12:32,180 --> 01:12:35,080
I mean his car plant
was literally between
1342
01:12:35,150 --> 01:12:38,490
Protestant and Catholic
neighborhoods in the height
1343
01:12:38,590 --> 01:12:43,120
of what were known as the
Troubles in Northern Ireland,
1344
01:12:43,230 --> 01:12:45,060
and the reason it was put there
1345
01:12:45,190 --> 01:12:46,260
is that the British government
1346
01:12:46,360 --> 01:12:50,300
was willing to give him
more than $100 million.
1347
01:12:51,470 --> 01:12:53,000
- [Narrator] As John
DeLorean executes
1348
01:12:53,070 --> 01:12:56,700
a new vision of car making,
Lee Iacocca struggles
1349
01:12:56,810 --> 01:13:00,640
to save Chrysler even
with the government loan.
1350
01:13:02,140 --> 01:13:03,580
- Iacocca took on this ship
1351
01:13:03,680 --> 01:13:06,410
that was takin'
on a lotta water.
1352
01:13:07,620 --> 01:13:09,150
- [Narrator] He bets
on something Americans
1353
01:13:09,250 --> 01:13:13,120
have never seen before and
never knew they needed.
1354
01:13:13,220 --> 01:13:15,590
(audience applauding)
1355
01:13:15,690 --> 01:13:17,160
- [Announcer] A
wagon so versatile,
1356
01:13:17,260 --> 01:13:20,460
so right for America today,
we can't build enough of them.
1357
01:13:20,560 --> 01:13:25,330
- What Chrysler did with the
minivan was very significant.
1358
01:13:25,430 --> 01:13:27,970
It met the needs
of so many people
1359
01:13:28,070 --> 01:13:31,070
in a way the station
wagons did not.
1360
01:13:32,470 --> 01:13:34,070
- [Narrator] Chrysler
sells a million
1361
01:13:34,180 --> 01:13:36,140
in the first two years.
1362
01:13:36,250 --> 01:13:38,050
With the success of the minivan,
1363
01:13:38,150 --> 01:13:40,550
Lee Iacocca pays back
the federal bailout
1364
01:13:40,650 --> 01:13:43,150
seven years ahead of schedule.
1365
01:13:44,420 --> 01:13:46,990
- I have one and only one
ambition for Chyrsler,
1366
01:13:47,090 --> 01:13:50,190
to be the best,
what else is there?
1367
01:13:52,130 --> 01:13:54,360
- [Narrator] But as
Iacocca rescues Chrysler,
1368
01:13:54,460 --> 01:13:56,500
he and rival John
DeLorean
1369
01:13:57,600 --> 01:14:01,670
will compete to determine the
future of American car making.
1370
01:14:01,770 --> 01:14:04,540
(dramatic music)
1371
01:14:10,050 --> 01:14:13,210
By the late 1970s,
America is hurting.
1372
01:14:14,280 --> 01:14:17,080
Inflation is at
an all-time high,
1373
01:14:17,190 --> 01:14:20,150
and 1.3 million
people are unemployed.
1374
01:14:21,190 --> 01:14:24,430
As cheaper foreign imports
continue to flood the market,
1375
01:14:24,530 --> 01:14:27,800
the Big Three fight
for their survival.
1376
01:14:30,330 --> 01:14:32,670
- I think that there
was a strong sense of denial
1377
01:14:32,770 --> 01:14:34,100
in Detroit
1378
01:14:34,200 --> 01:14:36,200
about what was
happening to them,
1379
01:14:36,310 --> 01:14:41,240
which was the rise of companies
like Toyota and Honda.
1380
01:14:42,050 --> 01:14:46,110
Remember, Detroit once
owned 90% of the market,
1381
01:14:46,220 --> 01:14:49,220
and their share of the
market just kept dwindling.
1382
01:14:49,320 --> 01:14:51,150
- [Narrator] Foreign
car makers soon control
1383
01:14:51,250 --> 01:14:55,420
1/4 of the U.S. market
and are expanding.
1384
01:14:56,560 --> 01:15:00,260
With a projected
loss of $1.6 billion,
1385
01:15:00,360 --> 01:15:04,030
Hank Ford is forced to
raise sticker prices,
1386
01:15:05,100 --> 01:15:09,170
but still fails to make
a profit
1387
01:15:09,270 --> 01:15:11,410
and steps down from
the company
1388
01:15:11,510 --> 01:15:13,510
he once saved from ruin.
1389
01:15:14,710 --> 01:15:17,980
The board elects a new
chairman to take the helm.
1390
01:15:18,080 --> 01:15:20,310
For the first time,
Ford Motor Company
1391
01:15:20,420 --> 01:15:23,480
is run by someone
outside the family.
1392
01:15:25,760 --> 01:15:28,690
But Hank leaves behind
a legacy of innovation,
1393
01:15:28,790 --> 01:15:32,330
like his father and
grandfather before him.
1394
01:15:32,430 --> 01:15:35,200
(peaceful music)
1395
01:15:37,300 --> 01:15:40,070
(birds chirping)
1396
01:15:48,040 --> 01:15:50,240
- Henry Ford II, I
mean, he turned out
1397
01:15:50,350 --> 01:15:54,720
to be a terrific car guy,
as indeed Edsel had been.
1398
01:15:54,820 --> 01:15:57,350
Maybe there's a
gene that does run
1399
01:15:57,450 --> 01:15:59,990
in the blood in that family.
1400
01:16:02,430 --> 01:16:06,160
- [Narrator] Ford not only
survives, it thrives
1401
01:16:06,260 --> 01:16:08,000
continuing as one of the largest
1402
01:16:08,100 --> 01:16:11,030
and oldest corporations
in America.
1403
01:16:34,090 --> 01:16:37,160
As foreign imports continue
to flood the U.S. market,
1404
01:16:37,260 --> 01:16:41,060
Lee Iacocca makes a move
that shocks the industry,
1405
01:16:41,160 --> 01:16:45,330
partnering up with the enemy,
foreign auto maker Mitsubishi.
1406
01:16:46,740 --> 01:16:48,700
- Iacocca had to
collaborate with Mitsubishi
1407
01:16:48,810 --> 01:16:51,010
because they needed
to understand
1408
01:16:51,110 --> 01:16:54,610
and also to be able to
sell to new market segments
1409
01:16:54,710 --> 01:16:56,380
that wanted smaller cars
1410
01:16:56,480 --> 01:17:00,150
that the Japanese makers
were manufacturing.
1411
01:17:01,580 --> 01:17:03,450
- Chrysler and
Mitsubishi break ground
1412
01:17:03,550 --> 01:17:05,920
on half billion dollar factory,
1413
01:17:06,020 --> 01:17:08,560
employing nearly
2,500 Americans.
1414
01:17:09,460 --> 01:17:11,160
It's an expensive experiment
1415
01:17:11,260 --> 01:17:14,600
that will either make
or break Chrysler.
1416
01:17:16,000 --> 01:17:19,970
As Iacocca rolls the dice
on the company's future,
1417
01:17:20,070 --> 01:17:22,600
maverick car maker John DeLorean
1418
01:17:22,710 --> 01:17:25,970
is ready to show the world
his vision of the future.
1419
01:17:26,040 --> 01:17:29,710
(peaceful electronic music)
1420
01:17:32,650 --> 01:17:35,580
10 years after leaving GM,
1421
01:17:35,690 --> 01:17:40,090
his DMC-12 finally rolls off
the assembly line.
1422
01:17:40,190 --> 01:17:41,560
It's a crowning
moment for one of
1423
01:17:41,660 --> 01:17:45,090
the biggest legends
in the auto industry.
1424
01:17:49,570 --> 01:17:51,100
- It was eight
years from the time
1425
01:17:51,200 --> 01:17:55,370
he conceived the car until the
first one was actually built,
1426
01:17:56,310 --> 01:17:59,940
but John Z. DeLorean, he's
the guy that made it happen.
1427
01:18:00,040 --> 01:18:01,540
He was the one that
took all the risks.
1428
01:18:01,640 --> 01:18:02,610
He was the one
that had to come up
1429
01:18:02,710 --> 01:18:05,650
with the money to
make it all work.
1430
01:18:08,250 --> 01:18:11,950
- [Narrator] The DMC-12 features
futuristic gull-wing doors
1431
01:18:12,050 --> 01:18:13,890
that require less side clearance
1432
01:18:13,990 --> 01:18:16,220
than traditional hinged doors.
1433
01:18:16,330 --> 01:18:18,160
The fiberglass
underbody is covered
1434
01:18:18,260 --> 01:18:21,000
with a brushed
stainless steel shell
1435
01:18:21,100 --> 01:18:23,560
and the car is powered
by a rear-mounted
1436
01:18:23,670 --> 01:18:26,430
130 horsepower
Renault V6 engine.
1437
01:18:29,640 --> 01:18:31,970
(birds chirping)
1438
01:18:32,070 --> 01:18:35,010
- That car was so
ahead of its time
1439
01:18:35,110 --> 01:18:38,380
in body design, it's incredible.
1440
01:18:38,480 --> 01:18:40,510
- When I was a kid
and I saw a DeLorean,
1441
01:18:40,620 --> 01:18:42,950
I thought it was the
coolest car ever.
1442
01:18:43,050 --> 01:18:46,120
It just looks space aged
you know the wing doors,
1443
01:18:46,220 --> 01:18:48,960
and there was nothin' else
like it.
1444
01:18:49,060 --> 01:18:51,060
- [Narrator] The
DMC-12, named in part
1445
01:18:51,160 --> 01:18:54,260
for its $12,000 anticipated
price tag,
1446
01:18:54,360 --> 01:18:57,560
sells for $26,000 to
cover costs.
1447
01:18:57,670 --> 01:19:01,000
- DeLorean not only had sales
goals that were unrealistic,
1448
01:19:01,100 --> 01:19:05,610
as the numbers started coming
in and getting crunched,
1449
01:19:05,710 --> 01:19:08,510
the pricing became unrealistic,
1450
01:19:08,610 --> 01:19:09,980
and there was no
way they were ever
1451
01:19:10,080 --> 01:19:13,250
gonna sell these
cars at that price.
1452
01:19:13,350 --> 01:19:16,050
- [Narrator] While critics
praise the futuristic look,
1453
01:19:16,150 --> 01:19:19,490
they hate what's under the
stainless steel exterior.
1454
01:19:19,590 --> 01:19:21,160
- It doesn't handle well.
1455
01:19:21,260 --> 01:19:22,460
It doesn't drive well.
1456
01:19:22,560 --> 01:19:25,660
It's not easy to
get in and out of.
1457
01:19:28,300 --> 01:19:30,500
- [Narrator] Its sales
numbers are a disaster,
1458
01:19:30,600 --> 01:19:35,540
only hitting 9,000 units, and
DeLorean faces bankruptcy.
1459
01:19:35,640 --> 01:19:37,640
- When a man like John DeLorean,
1460
01:19:37,740 --> 01:19:41,540
who has this dream of
building a successful car
1461
01:19:41,640 --> 01:19:43,610
suddenly sees that he's
running out of money,
1462
01:19:43,710 --> 01:19:48,650
he becomes desperate, and he
made some very unwise choices.
1463
01:19:49,620 --> 01:19:52,750
(indistinct chattering)
1464
01:19:55,870 --> 01:19:59,630
- [Narrator] The early
'80s, America is strruggling
1465
01:19:59,740 --> 01:20:01,540
with a deep recession.
1466
01:20:01,640 --> 01:20:04,610
Manufacturing jobs
are disappearing,
1467
01:20:04,710 --> 01:20:07,640
and the car industry
is hardest hit.
1468
01:20:07,740 --> 01:20:10,240
Unemployment skyrockets.
1469
01:20:10,350 --> 01:20:13,650
One in four auto workers
is without a job.
1470
01:20:16,750 --> 01:20:19,250
For maverick car
maker John DeLorean,
1471
01:20:19,360 --> 01:20:21,790
conditions couldn't be worse.
1472
01:20:22,760 --> 01:20:26,630
- People weren't clamoring
for a DeLorean DMC-12,
1473
01:20:26,730 --> 01:20:28,700
and he had these enormous costs,
1474
01:20:28,800 --> 01:20:31,130
and the bills kept adding up.
1475
01:20:33,470 --> 01:20:35,140
He became desperate.
1476
01:20:36,370 --> 01:20:38,570
- John DeLorean probably
isn't that much different
1477
01:20:38,680 --> 01:20:40,240
from so many other
successful men
1478
01:20:40,340 --> 01:20:41,610
in the automobile industry.
1479
01:20:41,710 --> 01:20:43,880
You have to be egotistical
1480
01:20:46,350 --> 01:20:51,550
and unwise when it was
necessary for him to resort
1481
01:20:51,650 --> 01:21:00,430
to questionable tactics
to keep his company alive.
1482
01:21:00,530 --> 01:21:01,960
- [Reporter] John
DeLorean ended up in court
1483
01:21:02,070 --> 01:21:05,200
charged with
trafficking cocaine.
1484
01:21:05,300 --> 01:21:09,370
- DeLorean gets sucked into
what in essence was a sting
1485
01:21:09,470 --> 01:21:12,540
and appears on video
cameras hoisting
1486
01:21:13,480 --> 01:21:17,410
some cocaine and says,
this is as good as gold.
1487
01:21:18,380 --> 01:21:20,250
(reporters yelling)
1488
01:21:20,350 --> 01:21:21,420
- Thank you.
1489
01:21:21,520 --> 01:21:23,120
- He was acquitted,
1490
01:21:25,660 --> 01:21:28,660
but the bottom
line was his career
1491
01:21:28,760 --> 01:21:30,220
in the automobile industry,
1492
01:21:30,330 --> 01:21:33,490
for all intents and
purposes, was over.
1493
01:21:33,600 --> 01:21:36,300
(tense music)
1494
01:21:37,130 --> 01:21:39,930
(dramatic music)
1495
01:21:40,040 --> 01:21:43,000
- [Narrator] DeLorean's fall
ends a decades-long rivalry
1496
01:21:43,110 --> 01:21:46,240
with Lee Iacocca,
who's taken a chance
1497
01:21:46,340 --> 01:21:49,610
on yet another risky
deal of his own.
1498
01:21:49,710 --> 01:21:52,050
A billion and a half
dollar partnership
1499
01:21:52,150 --> 01:21:55,020
with foreign car maker,
1500
01:21:55,120 --> 01:21:56,050
Mitsubishi.
1501
01:21:56,150 --> 01:21:57,520
(audience applauding)
1502
01:21:57,620 --> 01:22:01,460
Together, they release
the Eclipse.
1503
01:22:01,560 --> 01:22:06,060
Mitsubishi's sales jump
by over 32% in one year,
1504
01:22:06,160 --> 01:22:09,400
making the company
a player in the U.S.
1505
01:22:09,500 --> 01:22:11,200
But what most
people don't realize
1506
01:22:11,300 --> 01:22:14,600
is that Chrysler
shares the profits.
1507
01:22:14,700 --> 01:22:17,240
- Buying an American
car, yeah it's patriotic,
1508
01:22:17,340 --> 01:22:21,240
but also I think it's up the
manufacturers to earn that.
1509
01:22:21,340 --> 01:22:23,340
They need to earn
our business as well,
1510
01:22:23,450 --> 01:22:26,010
and we need to be
creating the best cars
1511
01:22:26,120 --> 01:22:28,320
and trucks in the world period.
1512
01:22:28,420 --> 01:22:31,920
- [Narrator] Iacocca continues
to rewrite the playbook.
1513
01:22:32,020 --> 01:22:34,190
His next move is to get
the country
1514
01:22:34,290 --> 01:22:37,060
to buy American once again
1515
01:22:37,160 --> 01:22:39,730
with an iconic
vehicle, the Jeep.
1516
01:22:41,330 --> 01:22:43,330
- Chrysler wanted to have Jeep,
1517
01:22:43,430 --> 01:22:45,030
and American Motors owned Jeep,
1518
01:22:45,130 --> 01:22:48,600
and so Chrysler bought
American Motors to get Jeep.
1519
01:22:48,710 --> 01:22:52,470
- [Narrator] Under Chrysler,
Jeep gets a facelift,
1520
01:22:52,580 --> 01:22:56,040
the new model called
the Grand Cherokee.
1521
01:22:57,480 --> 01:22:59,510
The Grand Cherokee
becomes such a hit,
1522
01:22:59,620 --> 01:23:02,920
it makes popular a
whole new class of cars
1523
01:23:03,020 --> 01:23:05,550
called the sport
utility vehicle.
1524
01:23:06,560 --> 01:23:08,590
Chrysler goes from
one foot in the grave
1525
01:23:08,690 --> 01:23:12,190
to earning 723
million in profits.
1526
01:23:12,430 --> 01:23:15,360
(dramatic music)
1527
01:23:20,100 --> 01:23:23,570
in 1992, at 67, Lee Iacocca,
1528
01:23:25,040 --> 01:23:27,210
the automotive
genius responsible
1529
01:23:27,310 --> 01:23:30,380
for some of America's most
innovative vehicles,
1530
01:23:30,480 --> 01:23:32,510
retires on top.
1531
01:23:32,620 --> 01:23:35,880
- As an executive, as an
innovator, as a car guy,
1532
01:23:35,990 --> 01:23:38,290
and also a master salesman,
1533
01:23:38,390 --> 01:23:42,460
he really has an incredible
record of success,
1534
01:23:42,560 --> 01:23:46,290
and he saved, well, there
was a cult of personality
1535
01:23:46,400 --> 01:23:49,430
around Lee Iacocca at
Chrysler, but in essence,
1536
01:23:49,530 --> 01:23:52,330
that's all that Chrysler had.
1537
01:23:52,440 --> 01:23:55,400
Lee Iacocca deserves
a reputation of being
1538
01:23:55,510 --> 01:23:59,240
one of the great auto
executives of the 20th century
1539
01:23:59,340 --> 01:24:03,040
and not just for all the
things he did at Ford,
1540
01:24:03,150 --> 01:24:06,180
but also for saving Chrysler.
1541
01:24:06,280 --> 01:24:11,150
I don't think any other
executive could've done that.
1542
01:24:11,250 --> 01:24:12,390
- [Narrator] As the
last of America's
1543
01:24:12,490 --> 01:24:15,160
great car pioneers steps down,
1544
01:24:16,660 --> 01:24:20,560
a new chapter of
innovation begins.
1545
01:24:20,660 --> 01:24:24,000
(engines revving)
1546
01:24:24,100 --> 01:24:28,000
From the turn of the
20th century to today,
1547
01:24:28,100 --> 01:24:31,240
the car has
transformed the country
1548
01:24:31,340 --> 01:24:34,340
and defined the
American experience.
1549
01:24:35,410 --> 01:24:39,210
- What's gonna happen in the
21st century, I don't know.
1550
01:24:39,320 --> 01:24:42,650
- The automobile, it's
going to reach a point
1551
01:24:42,750 --> 01:24:45,350
where it's even a
more interesting and
1552
01:24:45,460 --> 01:24:47,220
important machine than
it's been in the past
1553
01:24:47,320 --> 01:24:50,620
and that's gonna be because
of driverless technology,
1554
01:24:50,730 --> 01:24:52,530
and it's gonna do a lot
of things in society.
1555
01:24:52,630 --> 01:24:56,230
It's really gonna
transform the way we live.
1556
01:24:56,330 --> 01:24:58,200
- Manufacturers have
some driverless cars
1557
01:24:58,300 --> 01:25:01,240
on racetracks where
they're competing
1558
01:25:01,340 --> 01:25:04,610
with race car drivers at
that level, that's amazing.
1559
01:25:04,710 --> 01:25:06,610
- I will not have
an autonomous car.
1560
01:25:06,710 --> 01:25:12,110
I don't even wanna be alive
when that is gonna be.
1561
01:25:12,220 --> 01:25:16,380
I just love to drive and I love
to have that control myself.
1562
01:25:18,120 --> 01:25:20,190
- Driving is something
that's primal
1563
01:25:20,290 --> 01:25:23,020
that people love
and enjoy doing,
1564
01:25:23,130 --> 01:25:25,130
but the nice thing is,
I think in the future,
1565
01:25:25,230 --> 01:25:28,130
you'll be able to pick and
choose when you wanna drive.
1566
01:25:28,230 --> 01:25:30,300
It's a brave new world
that we're getting into,
1567
01:25:30,400 --> 01:25:32,330
it's really exciting.k
1568
01:25:32,440 --> 01:25:35,070
(exciting music)
1569
01:25:35,170 --> 01:25:35,940
- I think that most Americans
1570
01:25:36,040 --> 01:25:38,240
think a car is their birthright,
1571
01:25:38,340 --> 01:25:42,310
but it's also in the way our
whole society is organized.
1572
01:25:43,680 --> 01:25:47,080
It's influence is so pervasive
1573
01:25:47,180 --> 01:25:51,250
that it's really no more
visible than the air we breathe.
1574
01:25:51,350 --> 01:25:54,260
(dramatic music)
122406
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