The
1954 Edwards America convertible coupe actually debuted in the autumn
of 1953 as Sterling Edwards's European-style grand touring car with
American components and abundant power.
Heir to a steel cable business, Edwards was a successful race-car driver on the West Coast in the early- and mid-1950s. He constructed his own race cars.
The first was a sports racer with four-wheel independent suspension and Ford V-8 engine. The second used a Chrysler "hemi" stuffed into a Henry J chassis.
Competition from Jaguars and Ferraris ultimately convinced Edwards to buy ready-made race cars. Instead, he started constructing road cars in South San Francisco.
Though financed by Edwards, actual work was carried out by Phil
Remington -- who later did fabrication and engineering on the Ford GT-40.
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The prototype seen here used a strengthened 100-inch Henry J chassis powered by an Oldsmobile Rocket V-8 with Hydra-Matic transmission. To keep costs reasonable, the body was fiberglass with trim from the parts bins of various U.S. manufacturers.
Taillights were 1952 Mercury; headlight rings came from the 1953-1954 Studebaker.
The Henry J frame was not quite strong enough, however. Later cars used a 1950-1952 Mercury wagon frame reinforced and cut down to 107 inches. The Olds was replaced by Lincoln or Cadillac V-8s. A hardtop coupe also was offered.
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In spite of saving money by using mass-produced parts, the America was costly to build. Price initially was $6,769, but rose to about $8,000. Even then, Edwards lost money on each car.
Production ended in late 1954 after only five cars, including the prototype, had been built.
Source: howstuffworks.com