Second-worst: 1974 Ford Mustang
The Mustang is an iconic car with a rich past, but Ford stumbled in 1974 and created one worthy of being called the second-worst car in history.

Certainly in retrospect, the concept of a Pinto-based Mustang does not make a lot of sense.

"The car was popular in its day, but it was almost immediately looked upon as a mistake for Mustang," Oldham says. "When you look back at Mustang history, which is very glorious, this car should not have existed and should not have been called a Mustang. It was not attractive, not powerful in the least and didn't measure up to its name."

In Ford's defense, Oldham says, the 1970s were a difficult time for U.S. automakers trying to adjust to rising fuel cost, intensified regulation and tough competition from Japan.

"Thankfully, Ford didn't turn away from what Mustang should be," he says.

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