Discussion about this post

User's avatar
Ronnie Schreiber's avatar

I write about automotive history. Tucker was effectively put out of business by the government, not by a conspiracy of the Detroit automakers as Coppola's movie implies. In that sense, the movie is as anti-business as is typical of Hollywood.

To begin with, there are ample reasons why Preston Tucker's car company failed without getting into conspiracies. He was badly undercapitalized, he did some sketchy fund raising and dealer franchising, there were technical and quality control issues with the early production cars, and in the immediate postwar period the government was still controlling commodities under the War Production board, making it hard for startups to even get steel and aluminum. In order to get engines he had to buy the remnants of the Franklin car company, and then convert the Franklin air-cooled flat six into a water cooled engine. As much as people say the Tucker car was ahead of its time, much of those features were technological dead ends. There is exactly one production car made today with a rear mounted engine. The Tucker used rubber springs that would break down over time (I know the guy who has restored a couple of Tuckers and makes reproduction springs). The choice of transmissions was either a New Old Stock Cord preselector manual likely made in the 1930s (when E.L. Cord closed his car companies, there was a factory full of parts in Auburn), or a single speed Tuckermatic eight years after Cadillac and Oldsmobile had the three speed Hydramatic. No modern transmissions are related to the Tuckermatic design. Tucker's "safety cell" literally meant front seat passenger dove under the dashboard in the event of a crash. Modern cars use laminated safety glass, not pop-out windshields.

Did the big domestic automakers conspire against Tucker? In all the years since 1948, nobody's been able to come up with any concrete evidence of a conspiracy. If GM, Ford, and Chrysler were going to gang up on an automotive startup, that would have been Kaiser-Frazer. Preston Tucker was a promoter without a high school diploma. He'd worked with Henry Miller for Henry Ford on an ill fated front wheel drive Indy racer and during the war designed a rotating gun turret used on American planes and boats, as well as an armored combat vehicle that never saw production.

Henry Kaiser, on the other hand, was one of America's leading industrialists. His shipyards introduced mass production method to building Liberty ships during the war. Kaiser-Frazer failed too, but nobody says it was a conspiracy. Even established independents like Hudson, Nash, Studebaker and Packard had a hard time surviving. Nash and Hudson merged to form American Motors, which lasted as long as the late 1980s but that's gone now too. Studebaker and Packard merged, but it was too late to save them and they were gone by 1966.

Tucker was an early example how regulators and federal prosecutors make the process the punishment. Tucker was acquitted of all charges of stock fraud and conspiracy but by then his reputation was tarnished and he had no hope of raising funds to continue production.

Expand full comment
Gary's avatar

Well said, MF'r ;)

Expand full comment
13 more comments...

No posts