Re: Hemmings Motor News June issue reprint of Romney interview...

Posted by Tim Cole On 2013/5/12 18:48:40

I agree that the stampings angle sounds like an excuse to back out of the deal. The bottom line in the merger plan seems to be expanding the number of sales outlets, which for the Rambler was less favorable than for Packard.

So yes, Romney may just have been coming up with a less dead beat reason to back out. And given, thanks to Edsel, Ford had excess capacity on the way for motors Romney may have decided to dump the Packard deal.

Obviously, AMC had a succesful car and was already struggling over the Hudson. So why take on more problems via S-P?

However, Packard built a whole plant to accommodate motors and I don't see AMC building a new stamping plant in Detroit. In the end maybe Nance just treated Romney poorly on the assumption Mason would live forever and when Mason died Romney had his own ideas.

If compared to Mason, Romney was an errand boy, then Nance was a grocery clerk.