Re: Packard & Hudson proximity

Posted by Tim Cole On 2013/2/13 21:14:24

Boy that sure is a good point about the floating break even point.

Who's to say whether the numbers bandied about as to Studebaker's condition was the proposed result after restructuring?

I used to deal with that stuff all the time. Some high priced consultant comes in and gets paid a bundle for crazy numbers that are supposed to be attainable. 90% percent of the time they aren't.

Studebaker though was really a problem. For example, everybody wanted the Bourke coupe in 53 but they couldn't deliver production. The Avanti was the same story. I think the 56 President was a great looking car, but I would never buy one because of the way they rusted out. And from what I understand that problem resulted from Studebaker storing untreated stampings virtually outside in rain soaked sheds.