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

Posted by Caribbeandude On 2015/2/24 0:45:36

the grand merger idea was indeed no myth, only the probability of it actually happening with egos as large as James Nance and George Romney was a myth. Both men would never accept anything less than the number one slot as head of any combined entity. George Mason played James Nance like a fiddle by talking the merger informally to get needed parts from Packard, Nance took the bait hook line and sinker and sold Nash Packard's Ultramatic transmissions and V8 engines, and they were used in 1955 Hudsons and Nashes. When Mason's successor, Romney, gave Nance the cold shoulder on continued merger talks, Nance stiffed AMC and Packard did not reciprocally purchase parts from AMC as promised. AMC then quickly built their own V8 engine and stopped buying parts from Packard. There was no marriage let alone engagement. Just corporate flirting that went really nowhere.