The 1957 and 1958 Packard lineup of automobiles were actually Studebakers: mildly restyled, rebadged and given slightly more luxurous interiors. After 1956 production, the Packard engine and transmission factory was leased to the Curtiss-Wright Corporation while the assembly plant on Detroit's East Grand Boulevard was sold, ending the line of Packard-built cars. However, some Studebaker executives still saw value in the Packard name.