Bricklin

Bricklin's 1975 bankruptcy collapsed Malcolm Bricklin's attempt to build a safety-focused sports car in New Brunswick, Canada. The gull-wing SV-1 cost $5,880 to build but sold for $7,490 - every sale lost money. Production quality was disastrous. Canadian government subsidies couldn't cover losses. Only 2,854 cars were built before closure. Bricklin foreshadowed DeLorean's failure, demonstrating that government-subsidized automotive startups face impossible economics.