Car Companies That Went Belly Up

With the economy the way it is, it was no surprise thatbetween Hudson (the maker of the Hornet) and
Chrysler announced that they would be going intoNash-Kelvinator. The carmaker really came into it's
bankruptcy, also the discontinuation of the Pontiac line,own when in the late 60s and early ‘70s with
and the imminent demise of GM's Saturn. So I wasunforgettably cars like the Javelin, Gremlin, Pacer, and
thinking let's take a look back at some other AmericanEagle. Chrysler eventually bought out AMC. They
car brands that have gone belly up.stopped making cars in 1988.
StudebakerDuesenberg
Studebaker started out in 1852, as a family ownedDuesenberg possibly made some of the finest cars
blacksmith business. It would later become the world'sever produced in America, Duesenberg was
largest wagon builder by the end of the 19th century.unfortunately a casualty of the Great Depression.
They successfully turned their wagon enterprise into aEven with celebrity owners like Clark Gable, and Phillip
horseless carriage enterprise, Studebaker turned outWrigley (of chewing gum fame), the top-of-the-line and
unique and creative cars, including the bullet-nose Landtop-priced cars simply couldn't survive. They made
Cruiser. Their last car rolled off the lot in 1966.their last production car in 1936. The few that are still
AMCaround today rarely change hands, and when they do,
American Motors was created in a 1954 mergerseven figures are typically at stake.