Re: SP merger

Posted by Steve203 On 2015/3/17 20:09:25
Nice job on the Italia flavored Hudson version of a Clipper.

Just one concern: be careful about shortening the engine compartment. The Packard body could just barely accommodate the 308 as it was. I measured the length of a 308 head at 30", and the head of a 54 Packard 359 measured 32 1/4". Obviously, the 308 would be dropped when the new Packard platform came out in 57 as the engine bay of the new platform would be designed for a V8, and not be long enough.

As for Hudson's finances, iirc, at the time of the AMC merger, Hudson had something like $30M in debt, while Nash had closer to $40M in debt. The only reason Romney could get a loan from the same people who turned Nance down a few weeks earlier was that Romney sold them on his turn around plan.

This Post was from: https://packardinfo.com/xoops/html/modules/newbb/viewtopic.php?post_id=159096