Re: Packard Built Studebakers

Posted by acolds On 2010/2/1 23:43:56

Being no expert on finanical matters especially large corp. But all the car companies Hudson Nash Kaiser Packard Studebaker and now Chrysler and General motors fail or are failing for one reason customers are not buying the cars being produced. No company can survive if they do not have enough people buying the products they produce. The stock holders want a return on the investment they make no profits no company. Unless they get backing from the government and that did not happen until recently.
Having been associated with C W they are not on my favorites list