June 15 --- Dallas Winslow buys the remains of Auburn

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15 Jun 2008 15:43 #10386 by Josh Malks
Josh Malks created the topic: June 15 --- Dallas Winslow buys the remains of Auburn
On this day in 1938 Dallas E. Winslow, Inc. purchased the parts stock of Auburn and Cord plus the rights to the tradenames Auburn, Cord and Duesenberg for $85,000. The administration building in Auburn (now the Auburn-Cord-Duesenberg Automobile Museum) went for an additional $25,000.

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16 Jun 2008 01:29 #10392 by mikespeed35
mikespeed35 replied the topic:
That sounds like a lot of money for 1938. Was it profitable for him? Did he have partners?
CORDially Mike

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16 Jun 2008 01:47 #10393 by Josh Malks
Josh Malks replied the topic:
It was very profitable. He sold hundreds of thousands of dollars worth of parts and service from 1938 to 1961. And he used the building to house his usd car operation. Then Glenn Pray paid him the same amount to buy the leftover parts as he paid for the whole stash in 1938. Plus he sold the Duesenberg name. Winslow never took in partners.

Josh B. Malks
810 2087A
ACD Club Life Member
ACD Newsletter editor
Past president
www.automaven.com

Check out CORD COMPLETE at www.cordcomplete.com

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