Both the car and its engine were complete failures, which soon led to even more dire financial problems than before and, along with them, Daninos' forced resignation in 1961. Facel quickly replaced the lousy four-pot with a
Volvo engine taken from the older Facel III, but the move was clearly too little too late. The Facellia was not a success like the previous Vega, some of whose famous owners included Pablo Picasso, Ringo Starr, Tony Curtis, Dean Martin, a Saudi prince here and there and even Sir Stirling Moss. All told, Facel built about 3,000 cars and lost money on each one of them.