1933-1935
Unable to avoid the effects of the great depression, Studebaker goes into
receivership March 21, 1933. President Albert Erskine, despondent, commits
suicide on July 1, 1933. Studebaker is finally released from receivership
on March 9, 1935.
1936
Raymond
Loewy begins his association with Studebaker. Raymond Loewy Associates
will hold the design account until 1955.
Raymond
Loewy begins his association with Studebaker. Raymond Loewy Associates
will hold the design account until 1955.