Studebaker Corp. Automobile Stock Certificate
Dated 1954
Beautiful vignette a Blacksmith Shop, the "First Studebaker Shop"
100 share purple border variety
The Studebaker Corporation, a once-prominent American automaker, had a rich history filled with innovation and challenges. Here's a glimpse into their journey:
From Wagons to Automobiles (1852-1919):
- Humble Beginnings (1852): The story starts in South Bend, Indiana, in 1852 when the Studebaker brothers, Henry and Clement, opened a blacksmith shop. They built horse-drawn wagons, becoming a key supplier during the westward expansion of the US.
- Embracing Change (1902): The company recognized the rise of automobiles and entered the market in 1902 with electric vehicles. Soon after, in 1904, they began producing gasoline-powered cars.
- Wagon Production Ends (1919): While automobiles took center stage, Studebaker continued wagon production until 1919, reflecting their ability to adapt to changing times.
Ups and Downs in the Auto Industry (1920s-1950s):
- A Top Brand (1920s): Studebaker established itself as a leading automaker in the 1920s, known for reliable and stylish vehicles like the Studebaker Big Six.
- Financial Struggles (1933): The Great Depression brought financial hardship, leading to bankruptcy in 1933. However, the company successfully reorganized and continued production.
- World War II Efforts (1939-1945): During World War II, Studebaker shifted gears to support the war effort by producing trucks and aircraft engines.
- Post-War Innovation (1940s-1950s): The post-war era saw Studebaker embrace bold designs like the 1950 and 1951 bullet-nose cars and the futuristic 1953 "Lowey coupe," designed by Raymond Loewy.
Merger and Decline (1950s-1960s):
- Merger with Packard (1954): To compete with larger automakers, Studebaker merged with Packard Motor Car Company in 1954, forming the Studebaker-Packard Corporation.
- The Lark (1959): Recognizing the growing demand for compact cars, Studebaker introduced the successful Lark in 1959.
- Financial Woes Persist: Despite the Lark's success, the company continued to face financial difficulties.
- The End of an Era (1964-1966): Production in the US ceased in 1964, with Canadian production ending in 1966. The Avanti, a sporty car introduced in 1963, continued production under different ownership until the early 1990s.
Legacy of Studebaker:
Studebaker left its mark on the automotive landscape, known for:
- Quality and Reliability: Their vehicles were known for their durability and craftsmanship.
- Innovation: They embraced new designs and technologies, including early electric vehicles.