Brothers James and William Packard built a single-cylinder buggy in Ohio 1899, but by 1904 were producing 4-cylinder cars including a Speedster which was an early production Racing Car sold to the public. Packard created a V12 engine for its Twin-Six in 1916 and then developed that engine into a Liberty Aircraft engine. Packards were reknown for their engineering, their style and the quality of their products; 'Ask the Man Owns One' was their selling line. But companies such as Cadillac backed by the might of General Motors weathered the recessions better than Packard, and even the new 'Six' of 1937 only gave a temporary boost to sales. Postwar Packard could not survive alone and merged into the Studebaker Corporation, but even the big Studebaker was ailing and by 1956 production of Packards was limited and ceased altogether in 1958