Re: One Story Assembly Plant What If?

Posted by Owen_Dyneto On 2014/6/9 10:56:24

Many 54 Packards also sat on dealer's lots for months awaiting sale at distressed prices; 54 was a bad year for the industry and for Packard another factor may have been anticipation of the "new" V8 models. A friend bought a 54 Cavalier that sat on the lot of McBride in Ridgewood NJ for over half a year and was finally sold well into 1955.

Another insight into the Studebaker-Packard acquisition fiasco (if you can locate them) and the details contained in the legal proceedings of the stockholder lawsuits by Packard stockholders that went on for a decade or more.