1937 Cord 812. Photo by Jeff Koch.
Eighty years ago, the Cord epitomized the car of the future. Now, thanks in part to legislation intended to encourage low-volume replica car builders, the Cord may once again have a future as a production car.
As announced late last month, Houston area oil industry consultant Craig Corbell started to lay plans for a Cord revival following the passage of the Low Volume Motor Vehicle Manufacturers Act, which passed Congress last December as part of a $305 billion highway funding bill.
"Until now it was cost prohibitive to manufacture these cars profitably," Corbell said in a press release announcing the plans. "But now that expensive high speed crash testing, for example, is no longer required to manufacture low runs of replicas, this makes tremendous sense."
The Low Volume Motor Vehicle Manufacturers Act, initially introduced on its own in June 2015, permitted low-volume replica carbuilders to sell as many as 325 turnkey cars using EPA or CARB-certified current model year engines without going through the same certification and testing processes other car manufacturers must complete before selling new cars. Previously, replica car builders could only offer complete cars minus drivetrains or cars in kit form.
Corbell, who also recently founded the Everyone Loves Kids Charity Challenge, bought the rights to the Cord trademark after the Pray family decided to auction off those rights in 2014. Those trademark rights, which Glenn Pray re-registered in 1963 after the marque's liquidator let them lapse decades prior, sold for $242,000 and had at one time allowed Pray to build his own replica Cord: the Royalite-bodied Corvair-engined 8/10. Other Cord 810 and 812 replicas followed, including the rear-wheel drive SAMCO, an Eighties-era Oldsmobile Cutlass-based version of the SAMCO, and an Oldsmobile Toronado-engined version built by Southeastern Replicars.
No specifics on the revival Cord have yet been released, and Corbell did not return calls for details. According to the announcement, Corbell is currently discussing partnerships with manufacturers and may have a display vehicle ready by the fall of 2017. "We want to get this right to uphold the honor that people like E.L. Cord and Gordon M. Buehrig brought to this brand," Corbell said.
To date, two other companies have announced plans to take advantage of the Low Volume Motor Vehicle Manufacturers Act: The De Lorean Motor Company, also based in Texas, intends to offer revival DMC-12s; and the revived British carmaker AC intends to offer MkIV Cobras powered by a 6.2-liter GM LS V-8.
from Hemmings Daily – News for the collector car enthusiast http://ift.tt/2foxV0Y
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