Jack Nicholson's Car in 1978-Hydrogen Car!!!
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shanaya- Admin is da shiznit!
Re: Jack Nicholson's Car in 1978-Hydrogen Car!!!
That was neat & also how the big "3" put down the Tucker by saying it
couldn`t back up! The oil & car manufacturers are still halting anything
that will interfere with their profits..
Thanks, great video..
Very similar to the Tucker story..
Failure
Tucker Torpedo at Petersen Automotive Museum, Los Angeles, CAOne of Tucker's most innovative business ideas caused trouble for the company, however. His Accessories Program raised funds by selling accessories before the car was even in production. This concept was investigated by the U.S. Securities and Exchange Commission and the United States Attorney, and led to an indictment of company executives. Although all charges were eventually dropped, the negative publicity destroyed the company and halted production of the car.
To counteract the bad press, Tucker again took the cars on the road. He scheduled a two-week public test at the Indianapolis Motor Speedway with a few of the 37 cars that had been built. One car was rolled at 100 mph (160 km/h), and the driver walked away with just bruises. Public perception changed from outrage at Tucker's alleged misconduct to anger at the press and the government.
Today, the '48 Sedan has fame far greater than would be expected from its modest production run. Of the 51 cars built (50 production and 1 prototype), 47 still exist, the majority in excellent condition. When the cars appear at auction, they command prices attained by only a few marques. Car number 43 was recently sold for the record-setting price of $700,000.[3] Several other cars are prominently featured in automotive museums.
During the trouble Tucker faced while trying to promote his car and get it into production, he claimed that the{ "Big Three" }automakers were deliberately attempting to sabotage his efforts, through the influence of Detroit Senator Homer Ferguson, who is commonly held responsible for initiating the SEC's pursuing of Tucker's business.
http://en.wikipedia.org/wiki/1948_Tucker_Sedan
couldn`t back up! The oil & car manufacturers are still halting anything
that will interfere with their profits..
Thanks, great video..
Very similar to the Tucker story..
Failure
Tucker Torpedo at Petersen Automotive Museum, Los Angeles, CAOne of Tucker's most innovative business ideas caused trouble for the company, however. His Accessories Program raised funds by selling accessories before the car was even in production. This concept was investigated by the U.S. Securities and Exchange Commission and the United States Attorney, and led to an indictment of company executives. Although all charges were eventually dropped, the negative publicity destroyed the company and halted production of the car.
To counteract the bad press, Tucker again took the cars on the road. He scheduled a two-week public test at the Indianapolis Motor Speedway with a few of the 37 cars that had been built. One car was rolled at 100 mph (160 km/h), and the driver walked away with just bruises. Public perception changed from outrage at Tucker's alleged misconduct to anger at the press and the government.
Today, the '48 Sedan has fame far greater than would be expected from its modest production run. Of the 51 cars built (50 production and 1 prototype), 47 still exist, the majority in excellent condition. When the cars appear at auction, they command prices attained by only a few marques. Car number 43 was recently sold for the record-setting price of $700,000.[3] Several other cars are prominently featured in automotive museums.
During the trouble Tucker faced while trying to promote his car and get it into production, he claimed that the{ "Big Three" }automakers were deliberately attempting to sabotage his efforts, through the influence of Detroit Senator Homer Ferguson, who is commonly held responsible for initiating the SEC's pursuing of Tucker's business.
http://en.wikipedia.org/wiki/1948_Tucker_Sedan
Last edited by sharber60 on August 2nd 2008, 3:21 pm; edited 1 time in total (Reason for editing : More Info)
sharber60- Plus Member
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