Avanti [2]

Avanti was originally a Studebaker model, a sports coupe designed by Raymond Loewy and introduced in 1962. After Studebaker closed its South Bend, Indiana plant in December 1963, local dealers Nate Altman, Arnold Altman, and Leo Newman bought the Avanti name, tooling, and plant space, incorporating Avanti Motor Corporation in 1965 to continue the car independently as the Avanti II. Ownership changed repeatedly from the mid-1980s onward. Real estate developer…