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  • The Truth About Cars - Studebaker Content

    This article was posted by another user on alt.autos.studebaker. It's an interesting read about the footsteps F*rd may be following:

    http://www.thetruthaboutcars.com/?p=2578

    ________________________
    Mark Anderson
    1965 Cruiser
    http://home.alltel.net/anderm


  • #2
    Interesting but not entirely correct. Sherwood Egbert was already gone by the time the decision was made to shut down South Bend.

    I don't think Studebaker ever made as much profit (if you add it all together) as Ford has lost lately. I don't know how the keep going.

    Leonard Shepherd, editor, The Commanding Leader, Central Virginia Chapter, http://centralvirginiachapter.org/

    Comment


    • #3
      Interesting but not entirely correct. Sherwood Egbert was already gone by the time the decision was made to shut down South Bend.

      I don't think Studebaker ever made as much profit (if you add it all together) as Ford has lost lately. I don't know how the keep going.

      Leonard Shepherd, editor, The Commanding Leader, Central Virginia Chapter, http://centralvirginiachapter.org/

      Comment


      • #4
        Studebaker's largest single year profit as primarily an automaker, according to several well known sources, was about $28 million in 1959 thanks to the new Lark. This is chump change to Ford today, slightly less so in 1959.

        Studedude1961
        --1963 Cruiser

        Comment


        • #5
          Studebaker's largest single year profit as primarily an automaker, according to several well known sources, was about $28 million in 1959 thanks to the new Lark. This is chump change to Ford today, slightly less so in 1959.

          Studedude1961
          --1963 Cruiser

          Comment


          • #6
            I read that Ford just lost 5.8 billion. If Studebaker made 28 million every year (which they didn't) for their 114 years in the vehicle business that would only equal 3.2 billion

            Leonard Shepherd, editor, The Commanding Leader, Central Virginia Chapter, http://centralvirginiachapter.org/

            Comment


            • #7
              I read that Ford just lost 5.8 billion. If Studebaker made 28 million every year (which they didn't) for their 114 years in the vehicle business that would only equal 3.2 billion

              Leonard Shepherd, editor, The Commanding Leader, Central Virginia Chapter, http://centralvirginiachapter.org/

              Comment


              • #8
                A billion here and a billion there and pretty soon you're talking real money!

                Even allowing for inflation and using the political spin of today, Studebaker was much more successful..ahem...than Ford.


                Studedude1961
                --1963 Cruiser

                Comment


                • #9
                  A billion here and a billion there and pretty soon you're talking real money!

                  Even allowing for inflation and using the political spin of today, Studebaker was much more successful..ahem...than Ford.


                  Studedude1961
                  --1963 Cruiser

                  Comment


                  • #10
                    I think that everyone knows how much I'm in love with Ford.

                    All that positive and lovely encouragement to the management of Ford aside, the company is likely to pull off an eleventh hour recovery. Things do look dire for Henry's company. Hell, things look dire for this entire country, if one can look further.

                    Let me explain. Ford is in Dire straights, so is GM. Chrysler isn't even an American company anymore. You want proof? Look at their vans. Mentioned in the above article is the fact that the American parts suppliers are all in bad shape as well. Folks, Ford is only the tip of the iceberg. We're all in trouble. Sounds like 1928 all over again...

                    Still, I don't think that congress is blind to the situation. What they will do or not is yet to be seen. After all, they bailed out Chrysler, did'nt they?



                    Lotsa Larks!
                    K.I.S.S. Keep It Simple Studebaker!
                    Ron Smith
                    Home of the famous Mr. Ed!
                    K.I.S.S. Keep It Simple Studebaker!
                    Ron Smith
                    Where the heck is Fawn Lodge, CA?

                    Comment


                    • #11
                      I think that everyone knows how much I'm in love with Ford.

                      All that positive and lovely encouragement to the management of Ford aside, the company is likely to pull off an eleventh hour recovery. Things do look dire for Henry's company. Hell, things look dire for this entire country, if one can look further.

                      Let me explain. Ford is in Dire straights, so is GM. Chrysler isn't even an American company anymore. You want proof? Look at their vans. Mentioned in the above article is the fact that the American parts suppliers are all in bad shape as well. Folks, Ford is only the tip of the iceberg. We're all in trouble. Sounds like 1928 all over again...

                      Still, I don't think that congress is blind to the situation. What they will do or not is yet to be seen. After all, they bailed out Chrysler, did'nt they?



                      Lotsa Larks!
                      K.I.S.S. Keep It Simple Studebaker!
                      Ron Smith
                      Home of the famous Mr. Ed!
                      K.I.S.S. Keep It Simple Studebaker!
                      Ron Smith
                      Where the heck is Fawn Lodge, CA?

                      Comment


                      • #12
                        The Chrysler deal wasn't a "bailout", as it is often called. It was a loan. Which Chrysler paid back, ahead of schedule.

                        Comment


                        • #13
                          The Chrysler deal wasn't a "bailout", as it is often called. It was a loan. Which Chrysler paid back, ahead of schedule.

                          Comment


                          • #14
                            Ford's problems, along with the rest of the auto companies, are basically the same as Stude. Poor management.

                            When NAFTA passed, thanks to our far seeing government, the auto jumped on the chance to move jobs to the low paying countries. This of course, eliminated the high paying jobs in the states. Now no one can understand why they can,t sell there high priced cars. A good portion of the autos made in the states were sold to the same people who built them. Now those people can't buy them because they don't have jobs, and the people who now build them can't buy them because they don't make enough money.

                            TV showed a picture of the parking lot at the Mich State Fair Grounds full of Chrysler vehicles that they can't even deliver to the dealers because the dealers lots are also full.

                            I recently purchased a new Silverado pickup. Guess how pleased I was to find that it was assembled in Mexico. Open the hood and look at all the parts mared "Made in Brazil", or Wherever and think of the American jobs lost.

                            Just My Favorite Rant

                            Bob

                            Own '53 Commander Starliner. Red w/beige top. 350 Chev/700R4. Tilt,cruise,A/C.
                            Own \'53 Commander Starliner. Red w/beige top. 350 Chev/700R4. Tilt,cruise,A/C.http://i76.photobucket.com/albums/j30/Bobphyl/StudeontheBeach.jpg

                            Comment


                            • #15
                              Ford's problems, along with the rest of the auto companies, are basically the same as Stude. Poor management.

                              When NAFTA passed, thanks to our far seeing government, the auto jumped on the chance to move jobs to the low paying countries. This of course, eliminated the high paying jobs in the states. Now no one can understand why they can,t sell there high priced cars. A good portion of the autos made in the states were sold to the same people who built them. Now those people can't buy them because they don't have jobs, and the people who now build them can't buy them because they don't make enough money.

                              TV showed a picture of the parking lot at the Mich State Fair Grounds full of Chrysler vehicles that they can't even deliver to the dealers because the dealers lots are also full.

                              I recently purchased a new Silverado pickup. Guess how pleased I was to find that it was assembled in Mexico. Open the hood and look at all the parts mared "Made in Brazil", or Wherever and think of the American jobs lost.

                              Just My Favorite Rant

                              Bob

                              Own '53 Commander Starliner. Red w/beige top. 350 Chev/700R4. Tilt,cruise,A/C.
                              Own \'53 Commander Starliner. Red w/beige top. 350 Chev/700R4. Tilt,cruise,A/C.http://i76.photobucket.com/albums/j30/Bobphyl/StudeontheBeach.jpg

                              Comment

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