Ever since gasoline powered transport vehicles were invented, the American market has seen a huge list of car makers. However, not all have survived the test of time with quite a few companies closing up shop when times got hard.
Read on to find out some of the American automobile companies that have folded over the years.
Starting off as a chariot maker, Studebaker shifted its operations to the production of gasoline powered vehicles as soon as all the parts became available. The company ran into trouble back in the fifties when competition for buyers led to price wars between the big brands. The company began losing money in the mid-fifties and folded a few years later.