Re: Would it have been easier to salvage Packard than Studebaker?

Posted by Mahoning63 On 2011/1/3 18:48:42

Am not sure when they acquired all these companies. If it was from a position of strength and/or to bring Toyota parts suppliers into the fold, am not surprised. If they did it because they didn't know how to make money making cars, would be very surprised. Have they ever had trouble making money on cars?? Maybe lately, otherwise they've been on a role for decades. Neither Packard nor Studebaker were on a role when they merged and later diversified. I guess I'm of the camp that says get your personal life in order before making marriage proposals.