After WWII auto manufacturers were scrambling to fill the demand for new cars, since auto production had stopped early in 1942. Early in the 1950’s a price war between Chevrolet and Ford started to squeeze out the independent car companies. Nash & Hudson merged to form American Motors Corporation and Studebaker & Packard merged into one company.
The sellers market had dried up by the mid-fifties and an economic downturn in 1958, that became known as the Eisenhower Recession, hit the automotive market hard. The recently expanding middle price car territory took the biggest hit, effecting Pontiac, Oldsmobile, Buick, Dodge, Chrysler, Mercury. It was a fatal blow for DeSoto and Ford’s new entry into the field the Edsel.
The period did produce some of the most extravagant and glitzy cars ever produced. If you want to see more cars from 1958, click the link below: