123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Car Companies That Went Belly Up

Profile Picture
By Author: Jai Prakash Srivastava
Total Articles: 198
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

With the economy the way it is, it was no surprise that Chrysler announced that they would be going into bankruptcy, also the discontinuation of the Pontiac line, and the imminent demise of GM's Saturn. So I was thinking let's take a look back at some other American car brands that have gone belly up.

Studebaker
Studebaker started out in 1852, as a family owned blacksmith business. It would later become the world's largest wagon builder by the end of the 19th century. They successfully turned their wagon enterprise into a horseless carriage enterprise, Studebaker turned out unique and creative cars, including the bullet-nose Land Cruiser. Their last car rolled off the lot in 1966.

AMC
American Motors was created in a 1954 merger between Hudson (the maker of the Hornet) and Nash-Kelvinator. The carmaker really came into it's own when in the late 60s and early ‘70s with unforgettably cars like the Javelin, Gremlin, Pacer, and Eagle. Chrysler eventually bought out AMC. They stopped making cars in 1988.

Duesenberg
Duesenberg possibly made some of the finest cars ever produced in America, ...
... Duesenberg was unfortunately a casualty of the Great Depression. Even with celebrity owners like Clark Gable, and Phillip Wrigley (of chewing gum fame), the top-of-the-line and top-priced cars simply couldn't survive. They made their last production car in 1936. The few that are still around today rarely change hands, and when they do, seven figures are typically at stake.

GEO
The General Motors brand, was first introduced in 1989, and was built to compete with small, economical foreign imports. It's models, Metro, Prizm, Storm, and Spectrum did ok, but not well enough to stay around. GM stopped production in 2004, which may have been about two to three years too early. With the huge gasoline price spike of 2006-2007, used Geo prices skyrocketed due to the cars' incredible fuel economy and dependable reputation.


Find more information relating to satellite tv, and dish tv here.

Total Views: 223Word Count: 321See All articles From Author

Add Comment

Business Articles

1. Top Features To Look For In A Warehouse For Storage Solutions
Author: kabir kumar

2. Astrologer In Perth
Author: Astroservice17

3. How To Qualify For A Car Title Loan: Key Criteria | Ezcartitleloans
Author: Ez Car Title Loans

4. Christmas Photo Editing: Bringing Festive Memories To Life
Author: Sam

5. Online Cake Delivery In Hyderabad Convenient, Quick, And Delicious
Author: MyFlowerTree

6. Free Zones In Saudi Arabia For Business Setup
Author: adarshhlg

7. What Are The Benefits Of Using A Readymade Iso 27001 Manual For Your Business?
Author: Emma

8. Keeping Your Atms Running Smoothly: Buy Atm Machines For Sale, And Top Atm Routes
Author: NationalLinkATM

9. How Expats Can Make Their Business Dreams Come True In Ksa
Author: jodonjo

10. How To Manage Your Remote Team More Easily
Author: John Rame

11. How Outside Counsel Can Help Your Company Thrive
Author: Anna Paquin

12. Industry Icons And Influencers: A Closer Look
Author: successpreneurs

13. Using Data To Plan Successful New Year Sales And Promotions
Author: Philomath Research

14. Transform Your Home with First2install Bathroom And Kitchen Installations
Author: Vikram kumar

15. Design Your Future: Empowering Women With Fashion Skills In Pune
Author: Spherule

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: