Studebaker was founded in 1852, starting off as a builder of wagons and wheelbarrows for Americans moving West in search of gold. By 1919, Studebaker had gone all-in on the internal combustion engine, replacing its line of horse-drawn vehicles with a six-cylinder powered truck. Things were going well for Studebaker when the stock market crashed in 1929, but the Great Depression led to a 1933 bankruptcy and restructuring. Studebaker had recovered by the early 1940s, but shifted to production
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