Why did Packard go out of business?

Losing Briggs Body Packard was known for making the finest automobile bodies in America, but to save costs it decided to farm out its body development to Briggs Manufacturing in the 1940s. In 1952, Chrysler bought out Briggs, agreeing to continue providing bodies to Packard through 1954, when Packard’s contract ended.Jul 23, 2018

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