This scene can best be described as the switcheroo.
After attending the Fort Knox presentation at Goldfinger's estate in Kentucky, Mr. Solo opts out of the plan. His $1 million in gold is returned to him and loaded up into the back of a Lincoln Continental. Oddjob is to take Solo and the gold to the airport.
Felix Leiter and his CIA co-worker track the Continental in their Ford product, a Thunderbird.
Oddjob pulls the Continental, with a recently expired Mr. Solo, into Atlantic Iron & Metal Co.'s metal scrapyard. The car, gold, and Mr. Solo are crushed into a compact cube and loaded onto the bed of another Ford-- this time, a powder blue Ford Ranchero pick-up truck. Never mind the laws of physics, which tell us that the little Ranchero cannot possibly carry the almost four-ton cube.
Leiter and pal lose the location of the Continental after it has been crushed. Mission not accomplished.