Re: What SINGLE factor MOST contributed to the demise of Packard?

Posted by Caribbeandude On 2015/2/22 14:06:29

I do also agree that the "grand merger plan" was a myth cooked up posthumously by Nance to explain some of the failings of the Studebaker Merger that should have never happened. Mason also used merger plan "conversations" to get more parts out of Nance and Packard like engines AMC vitally needed until they could produce their own. The #2 AMC guy George Romney (Mitt's daddy) was NEVER behind ANY merger plan and said this also was just a ploy by Mason to buy more needed parts from Packard. Romney and Nance hated each other from their first meeting which ended any possible chance of any merger. They both wanted to be King and there was only room for ONE King. Nance reemerged for interviews back in the 1970's and 1980's to save his legacy, which in turn was very effective. Nance was shrewd and intelligent and he wanted his legacy to be safe and protected.