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Car sales hit their lowest levels in 1932. By 1933 the market for cars slowly began to recover, and the Big Three began to turn small profits. However, this upturn came too late for many of the independent automakers. By the mid 1930s some of the most celebrated American marques had succumbed. Jordan, Kissel, Ruxton, Mood, Dobel, Gardner, Stearns, and the American division of Rolls-Royce went under in 1932, while Peerless, Marmon, Du Pont, and American Austin were in their death throes. Durant Motors failed in 1936, and Pierce-Arrow in 1938. The last Auburn was built in 1936, the last Cord and Duesenberg in 1937.
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This section contains 105 words (approx. 1 page at 300 words per page) |
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