The 1948 Tucker Sedan or Tucker '48 Sedan (initially named the Tucker Torpedo) was an advanced automobile conceived by Preston Tucker and briefly produced in Chicago in 1948. Only 51 cars were made before the company folded on March 3, 1949, due to negative publicity initiated by the news media, a Securities and Exchange Commission investigation and a heavily publicized stock fraud trial (which allegations were proven baseless in court with a full acquittal). Speculation exists that the Big Three automakers and Michigan senator Homer S. Ferguson also had a role in the Tucker Corporation's demise. The 1988 movie, Tucker: The Man and His Dream is based on Tucker's spirit and the saga surrounding the car's production. A 1948 Tucker sedan was featured in the July 26, 2011 installment of NBC's It's Worth What? television show. The car's estimated value was US$1,200,000.
Read more about 1948 Tucker Sedan: Overview, Innovative Design Features, Troubled Premiere, SEC Investigation and Demise of Tucker Corporation, Tucker '48 Legacy, Replica Vehicles, Alleged Convertible Prototype, Similar Automobiles
Famous quotes containing the words tucker and/or sedan:
“I’ve been rich and I’ve been poor. Believe me, honey, rich is better.”
—Sophie Tucker (1884–1966)
“One way to do it might be by making the scenery penetrate the automobile. A polished black sedan was a good subject, especially if parked at the intersection of a tree-bordered street and one of those heavyish spring skies whose bloated gray clouds and amoeba-shaped blotches of blue seem more physical than the reticent elms and effusive pavement. Now break the body of the car into separate curves and panels; then put it together in terms of reflections.”
—Vladimir Nabokov (1899–1977)