Re: Continuing the Packard

Posted by PackardV8 On 2012/9/2 11:17:51

Key and probably the major key element is financing. Gm had GMAC (since about 1920) while F and C had what i vaguely recall as named Ridisco.

What did Nash, Studebaker, Hudson and Packard have?????

However one mite argue that during the 50's time frame GMAC and Ridisco mite have mostly financedd dealers and businesses (very little private financing to individuals for car purchase) does not diminish the impact of more direct financing for increasing auo sales market share.

So the financing leg of the auto industry must be considered too.