In December 1963, Studebaker shuttered its South Bend plant, ending the production of its cars and trucks in America. The company's Hamilton, Ontario, facilities remained in operation until March 1966, when Studebaker shut its doors for the final time after 114 years in business.

Who currently owns Studebaker?

Ric Reed owns the Studebaker Motor Company, a 21st Century iteration of the American automobile manufacturer that went out of business in 1967. The Denver-area entrepreneur bought out the rights to the company's name from a former partner, Tom Raines, who acquired them in 2001.

Will Studebaker come back?

The answer is uncertain. Right now, a Colorado-based business is looking to resurrect the Studebaker name, but is in need of financial backers. It hopes to eventually bring to market Studebaker once again with a series of scooters, cars, and trucks.