Now, only recently have I looked more in-depth at the legendary Preston Tucker and his failed attempts at building cars.
The SEC charges were rather weak and there is no evidence to indicate that Tucker was an outright scammer, but even many of his defenders state that he was unaware of what going into the brutal auto industry actually meant. Kaiser-Frazer and Crosley, started by far more successful businessmen with more resources, still failed.
(The car itself did have many innovative and unique features, but even some of those were pared back in development. Never facing the stress test of sustained use marketing gives the vehicle an unnaturally rosy picture).
The Tucker cars remind me of another lost vehicle that attracts a disproportionate amount of nostalgia. This vehicle is the Avro Arrow. The Arrow was at best a limited F-4 or Western equivalent of the Su-15. Its main reason for being dropped dramatically after the Soviets shifted to missiles.
What makes the Tucker and Arrow stand out is the belief among far too many devotees that their success would have been game-changing. With the Arrow, Canada would be cranking out hordes of fighter jets. With Tucker, Detroit would have been nimbly pushed into shape, so that when the imports started arriving, they’d have far less of an opening.
I find both of these claims highly dubious.