Financial Collapse
Increasingly affluent customers may have encouraged Vincent to go for a 'high end' luxury touring model, but at the same time high volume and very affordable small cars were flooding the market. Vincent's accountants suddenly realised that they were losing money on every Black Knight sold, so the last example of both the model and the marque left the production line on Friday, 16 December 1955.
Read more about this topic: Vincent Black Knight
Famous quotes containing the words financial and/or collapse:
“Creditor. One of a tribe of savages dwelling beyond the Financial Straits and dreaded for their desolating incursions.”
—Ambrose Bierce (1842–1914)
“The Roman world is in collapse but we do not bend our neck.”
—Jerome (c. 340–420)