Uncategorized They don’t make them ’em like this anymore. March 18, 2014 Jim March 18,1933 – On this day in 1933, American automaker Studebaker, then heavily in debt, goes into receivership. The company’s president, Albert Erskine, resigned and later that year committed suicide. Studebaker eventually rebounded from its financial troubles, only to close its doors for the final time in 1966. Advertisements Share this:TwitterEmailFacebookMoreGoogleLike this:Like Loading... Related
March 18,1933 – On this day in 1933, American automaker Studebaker, then heavily in debt, goes into receivership. The company’s president, Albert Erskine, resigned and later that year committed suicide. Studebaker eventually rebounded from its financial troubles, only to close its doors for the final time in 1966.
