Skip to content
WorldBrand.AI

Auburn Automobile controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

Back to profile1 entries

  1. 1937

    Regulatory action involving Cord's automobile holdings

    Errett Lobban Cord sold his holdings in the automotive group after an injunction from the U.S. Securities and Exchange Commission concerning further violations. The episode accompanied the collapse of the Cord-controlled automobile businesses and the end of Auburn production. Errett Lobban Cord came under an injunction from the U.S. Securities and Exchange Commission to refrain from further violations connected with his automobile holding company. He sold his holdings in 1937, after which Auburn, Cord, and Duesenberg automobile production ended.

    Source