[Llarry]

U.S. luxury car manufacturer Marmon was known as a value leader in the luxury segment. In 1929 they introduced the Model 68 "Roosevelt" sedan (named for former president Theodore Roosevelt) for just $995; that was the least expensive car you could buy with a straight eight cylinder engine. While initially selling well, it was not enough and production of Marmon cars ceased in 1932, followed by the demise of the company.