Re: Is it just me, or are there a fair number of '57-'58 Packards out there?

Posted by Rusty O\'Toole On 2009/2/12 23:06:55
One thing that astonishes me is how fast Studebaker and Packard ran out of money.

They had 10 excellent years from 1939 to 1949, the lush profits of the war years plus the post war seller's market when they could sell every car they made. Yet 5 years later they were on the ropes and nearly bankrupt.

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