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Soon to be Orphan Cars?

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  • Soon to be Orphan Cars?

    Thought you might be interested in this Time Magazine article from Friday, December 20, 1963

    With all the recent news about Automotive financial bleeding, poor sales, effects of unemployment, as well as politics, the following article sounds too familiar.



    Perhaps the Title will need to be be changed. [xx(]

    James

    The Bell Collection
    Bellingham, WA.
    Bells Studebaker Diner & Museum
    Bellingham, WA.

  • #2
    That's a great 1963 story James, it could be all too true for today, if things continue to get worse for the American Auto makers.

    Too bad we all cannot afford to buy some of the last REAL cars...the new 2010 Mustang!


    StudeRich at Studebakers Northwest -Ferndale,WA
    StudeRich
    Second Generation Stude Driver,
    Proud '54 Starliner Owner
    SDC Member Since 1967

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    • #3

      This paragraph says it all:

      "Profit Motive. What happened to Studebaker? South Bend was too remote from Detroit to enable the company to move quickly with all the industry's new trends, and Studebaker's ancient plant there was hopelessly inefficient. The company's dealer organization was too small, haphazard and ineffectual. Efforts to revitalize the company were snarled by lack of cash and a series of incredible production snafus. In the past five years, Studebaker has lost at least $40 million in automaking; this year, despite the introduction of pleasantly restyled 1964 models, sales for the first eleven months fell to 59,742 cars. Last month Studebaker's directors fired President Sherwood Egbert, who insisted on staying in auto production, to clear the way for getting out of the auto business; in his place they put Burlingame, 63, a financial man, with orders to stem the losses."

      Yhe future of the American Auto Industry as we know it is limited. With the excess baggage from the past including such things as labor pools that don't work, large under funded pension funds and a few other things even an infusion of our tax money of $25B will not save it. Change is coming and coming fast in this industry.

      It seems that we never learn from the lessons of the past.

      So who is at fault? Tpp many to name here as there is enough blame on all sides from Management, stockholders and yes the labor unions themselves.
      sigpicSee you in the future as I write about our past

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      • #4
        [u][u]a compelling sense of familiarity</u>, and also a sense of "eeriness," "strangeness," or "weirdness,"
        The "previous" experience is most frequently attributed to a dream, although in some cases there is [u]
        Bells Studebaker Diner & Museum
        Bellingham, WA.

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        • #5
          So the Big 5 consisted of Studebaker, American Motors, Chrysler, Chevrolet, and Ford ?

          Gordon


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          • #6
            quote:Originally posted by laughinlark

            So the Big 5 consisted of Studebaker, American Motors, Chrysler, Chevrolet, and Ford ?

            Gordon
            Almost.

            1: Studebaker Automotive Sales Corporation
            2: American Motors Corporation
            3: Chrysler Motor Corporation (or just "Chrysler Corporation" - can't remember exactly what they were called in '63)
            4: Ford Motor Company
            5: General Motors Corporation


            Keoni Dibelka / HiloFoto
            In Hawai'i; on Hawai'i; on the Windward Side
            If da salt air never chew 'em up bumbye da lava will...

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            • #7
              James, Thanks for posting this. It seems history is repeating itself to our peril. In any event this was the most subtle, on point comment on our present situation. It makes you think without the rant quotiont.

              Thanks again, Murray

              Life isn't about how to survive the storm, but how to dance in the rain !

              http://sites.google.com/site/intrigu...tivehistories/

              (/url) https://goo.gl/photos/ABBDQLgZk9DyJGgr5

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