Could Packard Have Been Saved?

As we all know Packard went out of business in the 1950’s after a shaky merge with Studebacker. In hindsight Packard likely would have been better off finically if it did not merge with dying Studebacker.

Even if it had not merged Packard was still in very poor shape in the 1950’s. Could anything have saved it like this 1956 Packard Predicator concept car? Or was Packard always doomed to fail regardless of what it did?

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