On this day: November 19
POSTED: 09:37 PM PST Nov 15, 2012
UPDATED: 11:00 PM PST Nov 18, 2012
Lincoln delivers the Gettysburg Address, Ford discontinues the Edsel, Rocky and Bullwinkle make their debut, Milli Vanilli lose their Grammy, and the first Wii goes on sale, all on this day.
Lars-Göran Lindgren/Wikimedia Commons
1959: The Ford Motor Company announces the discontinuation of the unpopular Edsel model. However, production would continue until late November, with a final tally of 2,846 1960 models being produced. Over the three-year life of the car, Ford sold about 84,000 Edsels, less than half its projected break-even point, and lost about $350 million, or $2 billion in today's dollars.
