A really light week this week. It includes a government bailout, corporate take over, iconic debut, a tragedy and record falls. Yeah…not much going on!!!
Lets start with the government bailout it was 1971, but it wasn’t a US auto company but Rolls-Royce got a $144 million loan from the British government March 5th 1971.
On the same day in 1952 Willys rolled out its Aero-Ace.
In 1929 on March 7th General Motors buys Opel. I was not aware that this occurred that early.
The iconic car released by Pontiac on March 8, 1969 was a variation of the Firebird – the Trans Am – amazing car.
Did you know there is a company that is making the a Trans Am out of the new 2012 Camaro? More coming on that!!!
Automotive tragedy occurred in Detroit in 1901. The Oldsmobile plant burned down.
A few days later (plus) twenty-seven years Sir Henry Seagrave broke the 200 mph land speed barrier. Here is his beast.
Thanks for reading.