South Bend November 23, 2008 - Studebaker's lessons: What automakers can learn from the fall of South Bend's giant. Read more.
South Bend September 10, 2008 - Demolition crews tore down 40 feet of the last remaining wall of the South Bend Lathe building on Wednesday. SBL was originally the Studebaker engine plant. Click here for details.
Detroit June 2, 2008 - The City of Detroit borke ground on the new "Piquette Square" complex that will provide 150 apartments for homeless veterans in Detroit. The complex is being built on the site of the E-M-F/Studebaker plant that was destroyed by fire in 2005. Full Story.
Chicago May 9, 2008 - Federal officials filed new charges against former Avanti owner Michael Kelly in a $500 million fraud scheme. Investigators say he sold bogus time shares. They say Kelly swindled thousands of investors across the country, including some from his South Bend office. He was originally arrested in 2006 on 10 counts of mail fraud. Read more.
Carlisle, PA April 25, 2008 - Ever wanted to own a classic car but couldn’t afford one? Later this fall, 50 million Detroit classics will roll out of the nation’s 37,000 Post Office show rooms as the second issuance in the America on the Move commemorative stamps series. The 50s Fins and Chrome 42-cent First-Class stamps go on sale Oct. 3, and feature paintings by renowned automobile illustrator Art. M. Fitzpatrick—a ’57 Chrysler 300C, ’57 Lincoln Premiere, ’57 Pontiac Safari, ’57 Studebaker Golden Hawk and a ’59 Cadillac Eldorado. The stamps were modeled after cars still on the road today. Click here for more information.
Jericho, NY April 9, 2008 - State Bancorp, Inc. (Nasdaq:STBC), parent company of State Bank of Long Island ("State Bank"), announced today that an agreement has been signed with Main Street Bank of Kingwood, Texas, for the sale of substantially all of the assets of State Bank's leasing subsidiary, Studebaker-Worthington Leasing Corp. ("Studebaker"). Full story.
Roscoe, IL March 7, 2008 - The 1932 Studebaker Commander John Dillinger used as a getaway car when his gang robbed the Central National Bank in Greencastle, Indiana will be featured in the movie “Public Enemies.” Click here for story.
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