Hemmings Motor News Blog Blog

Hemmings Motor News Blog

Hemmings Motor News has been around since 1954. We're proud of our heritage, but we're also more than the Hemmings full of classifieds that your father subscribed to. Aside from new editorial content every month in Hemmings, we have three monthly magazines: Hemmings Muscle Machines, Hemmings Classic Car and Hemmings Sports and Exotic Car.

While our editors traverse the country to find the best content for those magazines, we find other oddities related to the old-car hobby that we really had no place for - until now. With this blog, we're giving you a behind-the-scenes look at what we see and what we do during the course of putting out some of the finest automotive magazines you'll ever read.

Previous in Blog: Radwood 2018, Collectible Cars of the Future   Next in Blog: The 1977 Oldsmobile Omega V-6 Sports Pack SX Offered a Muscular Appearance Without All the Horsepower
Close
Close
Close

Tombstone Talk: What Exactly Caused Packard to Fold?

Posted April 24, 2018 9:00 AM by dstrohl
Pathfinder Tags: classic auto discontinued packard

No single factor ever sinks an automaker. The struggle between profits and losses typically has its roots in circumstances suffered from decisions made years, if not decades, prior. Packard, one of the most prestigious American automakers, was no different, and a talk this weekend at the National Packard Museum will examine the various reasons behind its decline and death.

When Packard resumed building cars after World War II, it started from a relatively strong position and had many years of profitable business ahead of it; indeed, in 1949 the company sold nearly 105,000 cars, just short of its own production record. But the bricks in the company’s foundation were already starting to come loose in the late 1940s.

A market reposition, failed partnerships and myriad factors determined the fate of iconic Packard.

Reply

Interested in this topic? By joining CR4 you can "subscribe" to
this discussion and receive notification when new comments are added.
Power-User

Join Date: Nov 2009
Posts: 413
Good Answers: 23
#1

Re: Tombstone Talk: What Exactly Caused Packard to Fold?

04/29/2018 9:57 AM

The comments are fascinating to read because a lot of them are from people with first hand knowledge of the times and the circumstances.

Still very spooky to read about it though.

Reply
Reply to Blog Entry
Interested in this topic? By joining CR4 you can "subscribe" to
this discussion and receive notification when new comments are added.

Previous in Blog: Radwood 2018, Collectible Cars of the Future   Next in Blog: The 1977 Oldsmobile Omega V-6 Sports Pack SX Offered a Muscular Appearance Without All the Horsepower

Advertisement