Iver Johnson Arms

Studebaker-Packard Corporation - 1950's dated Automotive Stock Certificate - Fam

Description: Automotive Stock. Older type vignette, the same used on the Packard stock with female figure and two males. Important auto maker!!! Available in Blue or Green. Please specify color. The Studebaker-Packard Corporation was formed in 1954 when the Studebaker Corporation of South Bend, Indiana, was acquired by the Packard Motor Car Company of Detroit, Michigan. Although Studebaker was larger in size, Packard had a stronger financial position and executive leadership. In 1962, the company dropped the Packard name and reverted to "Studebaker Corporation." The following year, the South Bend plant closed, though Studebaker continued manufacturing cars at its Canadian facility in Hamilton, Ontario, until 1966. The merger was intended to help Packard gain access to Studebakers larger dealer network, while Studebaker sought to benefit from Packards stronger financial resources. The original plan, devised by Packard president James J. Nance and Nash-Kelvinator president George W. Mason, envisioned a larger merger. They hoped to combine Studebaker-Packard with Nash-Kelvinator and the Hudson Motor Car Company to form a new American Motors Corporation (AMC). This would have created a major automotive force, surpassing Chrysler and becoming Americas third-largest automaker. However, the unexpected death of Mason in 1954 and disagreements over parts-sharing derailed the merger plans. Without the consolidation, all four companies faced challenging futures, leading to their eventual decline. Item ordered may not be exact piece shown. All original and authentic.

Price: 9.5 USD

Location: Portsmouth, New Hampshire

End Time: 2024-11-21T21:18:27.000Z

Shipping Cost: 6.25 USD

Product Images

Studebaker-Packard Corporation - 1950

Item Specifics

Return shipping will be paid by: Buyer

All returns accepted: Returns Accepted

Item must be returned within: 30 Days

Refund will be given as: Money Back

Return policy details:

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