Automotive entrepreneur Malcolm Bricklin made his earliest fortune by expanding the family's chain of hardware stores in Florida.
In the 1960s he turned to cars and formed Subaru of America to sell franchises for the Japanese car company. He decided to try his own hand at manufacturing with the Bricklin SV-1, a fiberglass sports car with gull-wing doors.
Production started in 1974 in New Brunswick, Canada, where Bricklin had been lured by financing from the province's government. The car was immediately compared to the Corvette, but in the end, high costs, lack of capital, and lagging production killed the company.
Only 2,854 cars had been built when Bricklin called it quits in 1975, leaving him $23 million in debt to the New Brunswick government.
NEXT: DeLorean Motor Company (1975 - 1982)
In the 1960s he turned to cars and formed Subaru of America to sell franchises for the Japanese car company. He decided to try his own hand at manufacturing with the Bricklin SV-1, a fiberglass sports car with gull-wing doors.
Production started in 1974 in New Brunswick, Canada, where Bricklin had been lured by financing from the province's government. The car was immediately compared to the Corvette, but in the end, high costs, lack of capital, and lagging production killed the company.
Only 2,854 cars had been built when Bricklin called it quits in 1975, leaving him $23 million in debt to the New Brunswick government.
NEXT: DeLorean Motor Company (1975 - 1982)