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Slight correction
Studebaker didn't take over Packard in 1956. Packard and Studebaker merged
in 1954 as part of a plan to further merge with AMC. That part of the plan
fell apart. What was left was Packard as the senior partner combined with
Studebaker. Unfortunately, Studebakers' financial condition was far worse
than Packard knew. This caused the Studebaker-Packard Corp. to lose
money in 1955 even though Packard division made a profit. Things just
got worse in 1956, and S-P was aquired by Curtis-Wright which
consolidated production in South Bend. A very sad end.
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