Re: Randy Berger My Answer to You About Nance

Posted by Randy Berger On 2010/2/2 19:30:49

John, I take what insiders at N-H said as mostly rumor unless they were in the executive offices. That is the same for any organization. There were times when I could not fathom what my company was doing. But the executives had access to knowledge that I did not have, so sometimes their decisions seemed very wrong, but usually turned out right.
We love Packards and would be glad to say "this is the one reason Packard failed". But there is no one reason - there were many reasons, and perhaps we still do not know all the facts. Looking at Packard in 1955 after the 54 models was exciting. No other manufacturer changed engines, suspension and transmission all in the same year and suffered so few faults. I still think they pulled off a major achievment. Thay just ran out of money.