Re: SP merger

Posted by Owen_Dyneto On 2015/2/27 9:30:05

I can't comment on why Studebaker might have waited until the late 30s, but the early to mid-20s and perhaps a bit later were devastating to US truck makers, driving Packard, Pierce-Arrow, and many, many others from the marketplace. Following the end of WWI the US government decided to bring back from Europe the thousands (tens of thousands?) of trucks manufactured and shipped to Europe for the war effort. These vehicles were either sold at bargain-basement prices or even given to Federal, State and local highway agencies and cities/towns which essentially destroyed the domestic market for new trucks for at least a half-decade, maybe longer.