Success has many fathers, whereas failure is an orphan.
So true with the Ford Mustang.
Learning from faults
In the decade before the Mustang was launched in 1964, Ford Motor Company was no stranger to success and to failure. For the 1955 model year, Ford had introduced the Thunderbird as a competitor to Chevrolet’s Corvette sports car, and soon the Thunderbird was out-selling the Corvette. It was a success all of Ford could be proud of.
When Ford management decided to turn the Thunderbird into a four-seater model for the 1958 model year, the company again had a winner on its hands. In fact, the modified Thunderbird invented its own market segment, the personal luxury class. Read more . . .
the resources, raw ability, or advantages that others have. And that is why for many years, America loved American Motors. In the 1950s, this company, forged from Nash and Hudson, was undoubtedly an underdog compared to the Big Three. Yet somehow through sheer spunk, it managed to thrive and stay afloat for more than 3 decades. Even at the end, right before it was acquired by Chrysler Corporation, its Jeep division was among the most sought-after brands in the world, yet another acknowledgment to its intrepid pursuit of the near-impossible.