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Studebaker exited the auto manufacturing and sales business in 1966 and launched new strategies to expand and develop its other corporate business units including the Studebaker petroleum division. Under the new Studebaker strategy, STP sales continued to grow. to the point where it was spun off into a publicly traded company in 1969.
Studebaker was an American wagon and automobile manufacturer based in South Bend, ... and about $10,000,000 worth of automobile and vehicle spare parts ...
Studebaker-Packard was the first manufacturer to popularize the limited slip differential, which they termed Twin-Traction. Most Packard Hawks came with TT. Most Packard Hawks came with TT. It was certainly the fastest Packard ever sold, since it shared the majority of its components with Studebaker's Golden Hawk.
1970 Avanti II 1976 Avanti II. After Studebaker ended production at South Bend on December 20, 1963, the "Avanti" model name, tooling, Studebaker truck production rights, as well as parts and plant space were bought by local Studebaker dealers, Nate and Arnold Altman and Leo Newman, who incorporated as Avanti Motor Corporation and hand-built a small number of cars. [1]
The Studebaker-Packard Corporation is the entity created in 1954 by the purchase of the Studebaker Corporation of South Bend, Indiana, by the Packard Motor Car Company of Detroit, Michigan. While Studebaker was the larger of the two companies, Packard's balance sheet and executive team were stronger than that of the South Bend company.
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The 1957 and 1958 Packard lineup of automobiles were based on Studebaker models: restyled, rebadged, and given more luxurious interiors. After 1956 production, the Packard engine and transmission factory was leased to the Curtiss-Wright Corporation while the assembly plant on Detroit's East Grand Boulevard was sold, ending the line of Packard-built cars.
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