Detroit 2024, Packard Motor Car Company, The Last Goodbye 2007-2024 1 of 2 ......
Автор: StarNorth to Flintridge
Загружено: 2024-12-06
Просмотров: 1413
Описание:
Music Detroit's Rare Earth
Packard Motor Car Company American luxury automobile company located in Detroit, Michigan. The first Packard automobiles were produced in 1899, and the last Packard's in Detroit was in 1956 .. The last were built in South Bend, Indiana, in 1958. October 1, 1954, Packard Motor Car Company bought the failing Studebaker Corporation to form America's fourth-largest automobile company, When Studebaker merged with Packard to form the Studebaker-Packard Corporation, they failed to disclose the full extent of their financial troubles to Packard, essentially "cooking the books" and presenting a much healthier financial picture than reality, which ultimately led to Packard discovering later that Studebaker's financial situation was far worse than they had been led to believe; this contributed significantly to the eventual downfall of the merged company .
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