Announcement

Collapse
No announcement yet.

History of SASCO, SS, SI, etc?

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • 54stude
    replied
    Originally posted by rkapteyn View Post
    Someone mentioned in this thread that SI in the Chippewa plant was outside the city of South Bend.I imagine that South Bend wanted the sales tax.
    I believe that SI bought the entire inventory from the city of South Bend and sold the Packard parts to Roscoe Stelford and a person in Dearborn Mi.who's name escaped me.SI sold the interiors to Will Sander of Starlight Studebaker.
    Dennis Lambert had procured financing from the South Bend teachers union ($100.000) and possibly the city of South Bend had guaranteed the repayment and that is how they ended up with the inventory.
    Bill Barr from Wisconsin bought the parts from Hurwich Iron works , that Studebaker had scrapped including the many 259 crankshafts still in boxes.
    Jim Bahr is his name actually.

    Leave a comment:


  • Dwain G.
    replied
    Originally posted by Dwain G. View Post
    Yes, Kermit Roosevelt became the sole US distributor. I was working for a shop that sold Fiat about the time the new 124 and 850 models came in.
    Correction: Kermit Roosevelt was an old Navy ship named after a descendant of Teddy. Unthinkingly I posted that instead of the correct name, Franklin D. Roosevelt Jr. as the head of Fiat Roosevelt Motors.

    Leave a comment:


  • rkapteyn
    replied
    Originally posted by dpson View Post
    I seem to recall that part of the deal when the City sold the parts inventory was that the parts had to remain in South Bend?
    Someone mentioned in this thread that SI in the Chippewa plant was outside the city of South Bend.I imagine that South Bend wanted the sales tax.
    I believe that SI bought the entire inventory from the city of South Bend and sold the Packard parts to Roscoe Stelford and a person in Dearborn Mi.who's name escaped me.SI sold the interiors to Will Sander of Starlight Studebaker.
    Dennis Lambert had procured financing from the South Bend teachers union ($100.000) and possibly the city of South Bend had guaranteed the repayment and that is how they ended up with the inventory.
    Bill Barr from Wisconsin bought the parts from Hurwich Iron works , that Studebaker had scrapped including the many 259 crankshafts still in boxes.

    Leave a comment:


  • studegary
    replied
    Originally posted by jpepper View Post
    What many do not know is at the time of Studebaker closing, Standard Surplus (N&A) purchased parts buy the ton. Trucks and trailers were loaded and weighed. They bought everything by the pound, not its value
    At the 1969 National SDC meet in South Bend, a V8 chrome dress-up kit was about $25. R3 and R4 fender emblems were $1 each. I paid $150 for the complete interior for my Lark including the dash pad.
    Most of those things were not such big bargains in 1969 dollars. Adjusting for inflation and converting to 2019 dollars, the $25 becomes $172.72 and that $150 becomes $1036.35.

    Leave a comment:


  • jpepper
    replied
    What many do not know is at the time of Studebaker closing, Standard Surplus (N&A) purchased parts buy the ton. Trucks and trailers were loaded and weighed. They bought everything by the pound, not its value
    At the 1969 National SDC meet in South Bend, a V8 chrome dress-up kit was about $25. R3 and R4 fender emblems were $1 each. I paid $150 for the complete interior for my Lark including the dash pad.

    Leave a comment:


  • mike cenit
    replied
    Speaking of urban legend's I had heard that after shut down in 1964 somebody doing an inventory discovered a few hundred 1959 or 1960 Larks, brand new, awaiting a letter of credit, or payment to ship out.
    Two or three years old, brand new....wonder if there was any truth to that "urban legend?

    Leave a comment:


  • mike cenit
    replied
    This is where time, my age, and memory start to play tricks, but I'm pretty sure that Roosevelt Motors (Fiat) was owned by FDR JR. Kermi,t I think was Teddy's son whom died by his own hand during WW ll. JR. I seem to
    recall was involved somehow with Jaguar also, maybe just a dealership. Also that Chipawa Ave plant, has had a pretty good run since Studebaker close, Kaiser 2 1/2 ton Army trucks, Post Office Jeeps, American General, I always wondered
    why after the war Studebaker didn't start to move the entire SB operation into that plant and in time move the whole South Bend operation out of the old SB location. The building is owned by a company called IRG, whom buys all these decommissioned plants and finds use for them, they did a real good job with the old Akron Goodyear facility. One thing for sure they don't give the rent away.

    Leave a comment:


  • studegary
    replied
    Originally posted by Dwain G. View Post
    Yes, Kermit Roosevelt became the sole US distributor. I was working for a shop that sold Fiat about the time the new 124 and 850 models came in.
    I guess that Kermit was a fairly common name back then. FDR's home was here in Dutchess County, NY. The maker of the Muppets characters was also a Kermit, hence one named after him, and also from Dutchess County.
    Fiats were also sold here in Dutchess County, including one large Fiat exclusive dealership.

    Leave a comment:


  • Skip Lackie
    replied
    Originally posted by mike cenit View Post
    I think there is or was some Federal Law requiring manufacturers to maintain a spare parts inventory for a certain amount of time, since Studebaker was "collectable" even after production stopped they may have still
    had to live with the regulation.
    I have heard that, too -- but suspect it's an urban legend. I doubt that there is such a federal law, though there may very well be some Federal Trade Commission regulations based on prior court decisions that resulted from someone's inability to get replacement parts. In any case, any such reg would have only applied to important drive-train and suspension components, and not stuff like interior soft parts. Stude always sold its leftover interior stuff to Newman & Altman after only a couple of years. It takes up a lot of storage space, and most people didn't/don't care about perfectly matching the torn upholstery of their used car anyway.

    In the late 1960s, the Studebaker board badly wanted to jettison every remnant of their automotive heritage, but they needed to continue to provide spare parts and fulfill their contracts with the few remaining dealers. So in 1971/72 Studebaker / SASCO transferred their parts depot to the newly-created Avanti Parts Corp -- only 5 years after they quit making cars. AP got the parts cheap, but was obliged to continue to honor the dealer discounts on parts for the remaining dealers. I suspect that this contractual obligation was a much bigger concern than any FTC reg regarding keeping parts available. AP, owned by the Newman and Altman families, was intended to be a for-profit corporation, so it started the tradition of reproducing fast-selling replacement parts.

    Leave a comment:


  • Dwain G.
    replied
    Originally posted by dpson View Post
    "in interestingly the owner of the FIAT USA that closed was FDR's son."

    Well that explains something I wondered about. The Studebaker dealer in Winooski, VT Archie Myers later became a Fiat dealer and when I bought the inventory there was paperwork from the Fiat dealership that referenced the exclusive distributor which was Roosevelt Motors (or something like that). So that explains where the name came from.
    Yes, Kermit Roosevelt became the sole US distributor. I was working for a shop that sold Fiat about the time the new 124 and 850 models came in.

    Leave a comment:


  • studegary
    replied
    Originally posted by rkapteyn View Post
    I suspect that is why Ed sold the company to the present owners , so he was no longer stuck with that ridiculous $18.000 each month rent in South Bend.
    I thought that later location in northern Indiana was not within the City of South Bend.

    Leave a comment:


  • dpson
    replied
    Originally posted by rkapteyn View Post
    I suspect that is why Ed sold the company to the present owners , so he was no longer stuck with that ridiculous $18.000 each month rent in South Bend.
    It would be interesting to see if that requirement remained with the inventory if it was later sold?

    Leave a comment:


  • dpson
    replied
    "in interestingly the owner of the FIAT USA that closed was FDR's son."

    Well that explains something I wondered about. The Studebaker dealer in Winooski, VT Archie Myers later became a Fiat dealer and when I bought the inventory there was paperwork from the Fiat dealership that referenced the exclusive distributor which was Roosevelt Motors (or something like that). So that explains where the name came from.

    Leave a comment:


  • mike cenit
    replied
    I think there is or was some Federal Law requiring manufacturers to maintain a spare parts inventory for a certain amount of time, since Studebaker was "collectable" even after production stopped they may have still
    had to live with the regulation. Still yet people make a ton of money on old parts for anything that went out of production. That company in Columbus, Ohio that owns Value City, DSW and Odd Lots made a a bunch
    of money in the early 50's when the bought out the national distributor of FIAT cars and parts for 5 cents on the dollar, and supply parts for those little gems at full retail for years. I think they were the Shotenstein family
    (not sure of the spelling), in interestingly the owner of the FIAT USA that closed was FDR's son.

    Leave a comment:


  • rkapteyn
    replied
    Originally posted by dpson View Post
    I seem to recall that part of the deal when the City sold the parts inventory was that the parts had to remain in South Bend?
    I suspect that is why Ed sold the company to the present owners , so he was no longer stuck with that ridiculous $18.000 each month rent in South Bend.

    Leave a comment:

Working...
X