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The 1957 and 1958 Packard lineup of automobiles were based on Studebaker models: restyled, rebadged, and given more luxurious interiors. After 1956 production, the Packard engine and transmission factory was leased to the Curtiss-Wright Corporation while the assembly plant on Detroit's East Grand Boulevard was sold, ending the line of Packard-built cars.
The Studebaker-Packard Corporation is the entity created in 1954 by the purchase of the Studebaker Corporation of South Bend, Indiana, by the Packard Motor Car Company of Detroit, Michigan. While Studebaker was the larger of the two companies, Packard's balance sheet and executive team were stronger than that of the South Bend company.
In addition, Studebaker's police-package cars in 1958 were often Scotsmans with Commander and President V-8 engines. [citation needed] The Scotsman continued its success in 1958, outselling the Champion, Commander and President lines combined. The Scotsman proved that Studebaker need not attempt to follow the styling trends of the rest of the ...
The Speedster's list price started at $3,346, [1] ($38,057 in 2023 dollars [7]) or about $800 more than a base 1955 President State hardtop.The reason was the 1955 President Speedster was loaded with standard equipment including: choice of Studebaker Automatic Drive or overdrive transmissions, power steering, power brakes, four-barrel carburetor, dual exhaust, "Shoemaker-stitched" diamond ...
Studebaker reintroduced the President nameplate in 1955 when it was applied to all premium-trimmed vehicles. The most noteworthy of these later Presidents was the 1955 Studebaker Speedster. The President name was discontinued after the 1958 model year, when Studebaker began focusing on the compact Studebaker Lark.
The claim: Image shows Craigslist ad sought actors for Kamala Harris rally. An Aug. 9 Facebook post (direct link, archive link) amplified by former President Donald Trump shows what appears at ...
However, the cash position was worse than it had led Packard to believe, and by 1956, the company (renamed Studebaker-Packard Corporation and under the guidance of CEO James J. Nance) was nearly bankrupt, though it continued to make and market both Studebaker and Packard cars until 1958. [6]: 254 The "Packard" element was retained until 1962 ...
In 1950, sales dropped to 42,000 cars for the model year. When Packard's president George T. Christopher set the course for an evolutionary styling approach with a facelift for 1951, others wanted a radical new design. Christopher resigned and Packard treasurer Hugh Ferry became president and demanded a new direction.