Great movie but mostly fiction. The fact was. Preston Tucker was a little fish pretending he was a big fish, presenting himself as a big fish. He didn't have the financing and he never had a car ready for the market. All those seat covers and luggage sets and radios he sold? They were a ploy to raise money for car production. In short, the only entity that put Tucker out of business was Preston Tucker.
+walkthisways another wealthy guy Mr. Coppola is, that mansion in this episode wins the richest car collector award for sure, i like the season one my classic cars videos hte best and ive seen all 20 years worth, i have to go see that tucker at Coppola winery for sure since i live somewhat nearby i forgot Francis is a great car collector as well. so francis collection of cars is not at napa facility but at another facility in santa rosa?
The engine is not air cooled at all. Tucker had to retrofit water cooling. Only the engine block is the Franklin. Tucker had to design his own heads and cylinders. The water cooling system proved to be terribly inefficient, causing overheating and some cracked heads. Also, you could never completely drain the water out as the cooling passages trapped enough water so that it would freeze and crack the heads. Innovative car but not very reliable. Many of the surviving Tucker's are not road worthy due to the rubber of the torsion suspension shearing or delaminating, some owners put in leaf spring suspensions. Now, owners are tearing out those leaf spring mods and returning their Tucker's back to the original torsion rubber style and today's rubber compounds don't suffer the old problems.
The SEC and Drew Pearson who wrote a newspaper column effectively put Tucker out of business. Ford actually produced the steering column for Tucker and all the steering wheels are Lincoln steering wheels. Tucker's problem was that he severely underestimated the capital required to be a full fledged car company. He just could not pull together enough money and then his scheme to sell radios, luggage and car seat covers to raise money made him the target for SEC mail fraud charges. Preston gathered about $26 million total and realistically needed $75 to $120 million. Great audacious innovator but not the best businessman. The Tucker car company was bankrupt before the SEC trial due to very bad press mostly from Drew Pearson's nationally syndicated newspaper column.
Even better capitalized car companies would not survive. Kaiser-Frazier gone, Nash Motors and Hudson merged into AMC which died a slow death through other mergers. Studebaker went under. Common theme was not enough money/borrowing leverage to retool factories to keep producing car model updates or introduce new models.
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Man this was in 97 I was 25 Dennis looks so young
Mr. Classic Car you are a grate man showing us beautyfull and forgotten cara.
Wow, never knew the Tucker had a rear engine. Wild!
Helicopter engine
@@superwisdom7342 Heavily modified., converted to water cooled, different cam...
Swell to ....SEE!!! 👀. We have the DVD... TUCKER - 1988 👀❤.... starring Jeff Bridges . So long from Canada - 10/3/2024
I can't see a Studebaker Commander without thinking of the Muppet Movie.
I learned to drive in a '51 Commander Starlight. Starter button was on the floor under the clutch. Three-on-the-tree with overdrive.
EXCELENTE!!!
Great movie about the tucker
Great movie but mostly fiction.
The fact was. Preston Tucker was a little fish pretending he was a big fish, presenting himself as a big fish. He didn't have the financing and he never had a car ready for the market.
All those seat covers and luggage sets and radios he sold? They were a ploy to raise money for car production.
In short, the only entity that put Tucker out of business was Preston Tucker.
There is a Red Tucker in Santa Rosa Ca @ Frances Ford Coppola Winery!
+walkthisways
another wealthy guy Mr. Coppola is, that mansion in this episode wins the richest car collector award for sure, i like the season one my classic cars videos hte best and ive seen all 20 years worth, i have to go see that tucker at Coppola winery for sure since i live somewhat nearby i forgot Francis is a great car collector as well. so francis collection of cars is not at napa facility but at another facility in santa rosa?
first by far with a post war car
Studebaker came out in 1947 with a very stylish car
The engine is not air cooled at all. Tucker had to retrofit water cooling. Only the engine block is the Franklin. Tucker had to design his own heads and cylinders. The water cooling system proved to be terribly inefficient, causing overheating and some cracked heads. Also, you could never completely drain the water out as the cooling passages trapped enough water so that it would freeze and crack the heads. Innovative car but not very reliable. Many of the surviving Tucker's are not road worthy due to the rubber of the torsion suspension shearing or delaminating, some owners put in leaf spring suspensions. Now, owners are tearing out those leaf spring mods and returning their Tucker's back to the original torsion rubber style and today's rubber compounds don't suffer the old problems.
Of Course the Big Three conspired to put Tucker out of Business, duh ...
The SEC and Drew Pearson who wrote a newspaper column effectively put Tucker out of business. Ford actually produced the steering column for Tucker and all the steering wheels are Lincoln steering wheels. Tucker's problem was that he severely underestimated the capital required to be a full fledged car company. He just could not pull together enough money and then his scheme to sell radios, luggage and car seat covers to raise money made him the target for SEC mail fraud charges. Preston gathered about $26 million total and realistically needed $75 to $120 million. Great audacious innovator but not the best businessman. The Tucker car company was bankrupt before the SEC trial due to very bad press mostly from Drew Pearson's nationally syndicated newspaper column.
Even better capitalized car companies would not survive. Kaiser-Frazier gone, Nash Motors and Hudson merged into AMC which died a slow death through other mergers. Studebaker went under. Common theme was not enough money/borrowing leverage to retool factories to keep producing car model updates or introduce new models.
What a noisy car