Analysis of information sources in references of the Wikipedia article "Luxury car" in English language version.
Virtually all the smaller companies competed in the expensive or midpriced segments of the market. They were highly exposed to sharp drops in sales as demand fell away. They were slow to cut costs and introduce low-priced models. Apart from Chrysler, the small players either went out of business or lost so much market share that they could no longer compete effectively.
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Volvo Car Group (Volvo Cars) is owned by Zhejiang Geely Holding (Geely Holding) of China.
Virtually all the smaller companies competed in the expensive or midpriced segments of the market. They were highly exposed to sharp drops in sales as demand fell away. They were slow to cut costs and introduce low-priced models. Apart from Chrysler, the small players either went out of business or lost so much market share that they could no longer compete effectively.
Many of the smaller automakers folded during the 1930s, including Cord, Durant, Franklin, Peerless, Pierce-Arrow and Stutz. Others survived the Depression, but were so damaged they eventually went out of business, including Graham-Paige, Hudson, Nash, Packard, Studebaker and Willys-Overland.
Volvo Car Group (Volvo Cars) is owned by Zhejiang Geely Holding (Geely Holding) of China.
Many of the smaller automakers folded during the 1930s, including Cord, Durant, Franklin, Peerless, Pierce-Arrow and Stutz. Others survived the Depression, but were so damaged they eventually went out of business, including Graham-Paige, Hudson, Nash, Packard, Studebaker and Willys-Overland.