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Originally Posted by Thetagirl218
I heard about this on the news! According to ABC News they lost $100 million by destroy them. Even with insurance that is a lot!
They said they did it so that these cars didn't turn bad because of unforeseen water damage. Seemed like the right thing to do to me!
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The story say $100 million worth of vehicles.
As for damage angle:
"The Japanese carmaker, controlled by Ford Motor Corp., easily could have found takers for the vehicles. Hundreds of people called about buying cheap Mazdas. Schools wanted them for auto-shop courses. Hollywood asked about using them for stunts.
Mazda turned everyone away. It worried about getting sued someday if, say, an air-bag failed to fire properly due to overexposure to salty sea air.
It also worried that scammers might find a way to spirit the cars abroad to sell as new. That happened to thousands of so-called "Katrina cars" salvaged from New Orleans' flooding three years ago. Those cars--their electronics gone haywire and sand in the engines--were given a paint job and unloaded in Latin America on unsuspecting buyers, damaging automakers' reputations."
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