| RARITY |   | VIN |   | YEAR |   | MAKE  MODEL |   | BODY
                                 STYLE |   | ENGINE |   | PROD. |   | S |   | 2 |   | 4 |   | 6 |   | 8 |   | 10 |   | 1945 | 
 | VR |   | M15-20 |   | 1945 |   | STUDEBAKER COUPE EXPRESS (120" wb) | 1 TON | 2-dr pick-up truck |   | 170ci  L6  1bbl  80hp |   |   |   | 1245 |   | 4150 |   | 12450 |   | 16600 |   | 24900 |   | 37350 |   |   | 
                                 | VR |   | M15-20 |   | 1945 |   | STUDEBAKER (120" wb) | 1 TON | chassis |   | 170ci
                                 L6  1bbl  80hp |   |   |   | 0 |   | 0 |   | 0 |   | 0 |   | 0 |   | 0 |   |   | 
 | VR |   | M15-20 |   | 1945 |   | STUDEBAKER
                                 (120" wb) | 1 TON | 2-dr cab & chassis |   | 170ci  L6  1bbl  80hp |   |   |   | 495 |   | 1650 |   | 4950 |   | 6600 |   | 9900 |   | 14850 |   |   | 
 | VR |   | M15-28 |   | 1945 |   | STUDEBAKER (128" wb, dual rear wheels) | 1
                                 TON | chassis |   | 170ci  L6  1bbl
                                 80hp |   |   |   | 0 |   | 0 |   | 0 |   | 0 |   | 0 |   | 0 |   |   | 
 |   |   | M15-28 |   | 1945 |   | STUDEBAKER
                                 (128" wb, dual rear wheels) | 1 TON | 2-dr cab & chassis |   | 170ci  L6  1bbl  80hp |   |   |   | 585 |   | 1950 |   | 5850 |   | 7800 |   | 11700 |   | 17550 |   |   | 
 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 
 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 
 | RARITY |   | VIN |   | YEAR |   | MAKE
                                 MODEL |   | BODY STYLE |   | ENGINE |   | PROD. |   | S |   | 2 |   | 4 |   | 6 |   | 8 |   | 10 |   | 1946 | 
 |   |   | M5 |   | 1946 |   | STUDEBAKER COUPE EXPRESS | 1 TON | 2-dr pick-up truck |   | 170ci  L6  1bbl  80hp |   |   |   | 1260 |   | 4200 |   | 12600 |   | 16800 |   | 25200 |   | 37800 |   |   | 
 |   |   | M15A-20 |   | 1946 |   | STUDEBAKER COUPE EXPRESS (120" wb) | 1 TON | 2-dr pick-up
                                 truck |   | 170ci  L6  1bbl  80hp |   |   |   | 1245 |   | 4150 |   | 12450 |   | 16600 |   | 24900 |   | 37350 |   |   | 
 |   |   | M15A-20 |   | 1946 |   | STUDEBAKER (120" wb) | 1 TON | chassis |   | 170ci  L6  1bbl  80hp |   |   |   | 0 |   | 0 |   | 0 |   | 0 |   | 0 |   | 0 |   |   | 
                                 |   |   | M15A-20 |   | 1946 |   | STUDEBAKER
                                 (120" wb) | 1 TON | 2-dr cab & chassis |   | 170ci  L6  1bbl  80hp |   |   |   | 495 |   | 1650 |   | 4950 |   | 6600 |   | 9900 |   | 14850 |   |   | 
 |   |   | M15-28 |   | 1946 |   | STUDEBAKER (128" wb, dual rear wheels) | 1
                                 TON | chassis |   | 170ci  L6  1bbl
                                 80hp |   |   |   | 0 |   | 0 |   | 0 |   | 0 |   | 0 |   | 0 |   |   | 
 |   |   | M15-28 |   | 1946 |   | STUDEBAKER
                                 (128" wb, dual rear wheels) | 1 TON | 2-dr cab & chassis |   | 170ci  L6  1bbl  80hp |   |   |   | 585 |   | 1950 |   | 5850 |   | 7800 |   | 11700 |   | 17550 |   |   | 
 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 
 |   |   | M17-28 |   | 1946 |   | STUDEBAKER (128" wb, export) | 2 TON | 2-dr cab &
                                 chassis |   | 226.2ci  L6  1bbl  94hp |   |   |   | 615 |   | 2050 |   | 6150 |   | 8200 |   | 12300 |   | 18450 |   |   | 
 |   |   | M17-52 |   | 1946 |   | STUDEBAKER (152" wb, export) | 2 TON | 2-dr cab & chassis |   | 226.2ci  L6  1bbl  94hp |   |   |   | 645 |   | 2150 |   | 6450 |   | 8600 |   | 12900 |   | 19350 |   |   | 
                                 |   |   | M17-95 |   | 1946 |   | STUDEBAKER
                                 (195" wb, export) | 2 TON | 2-dr cab & chassis |   | 226.2ci  L6  1bbl  94hp |   |   |   | 690 |   | 2300 |   | 6900 |   | 9200 |   | 13800 |   | 20700 |   |   | 
 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 
 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 
 | RARITY |   | VIN |   | YEAR |   | MAKE
                                 MODEL |   | BODY STYLE |   | ENGINE |   | PROD. |   | S |   | 2 |   | 4 |   | 6 |   | 8 |   | 10 |   | 1947 | 
 |   |   | M5 |   | 1947 |   | STUDEBAKER (113" wb) | 1⁄2 TON | chassis |   | 169.6ci  L6  1bbl  80hp |   |   |   | 0 |   | 0 |   | 0 |   | 0 |   | 0 |   | 0 |   |   | 
                                 |   |   | M5 |   | 1947 |   | STUDEBAKER (113" wb) | 1⁄2 TON | 2-dr cab & chassis |   | 169.6ci  L6  1bbl  80hp |   |   |   | 495 |   | 1650 |   | 4950 |   | 6600 |   | 9900 |   | 14850 |   |   | 
 |   |   | M5 |   | 1947 |   | STUDEBAKER COUPE EXPRESS (113" wb) | 1⁄2 TON | 2-dr
                                 pick-up truck |   | 169.6ci  L6  1bbl  80hp |   |   |   | 1245 |   | 4150 |   | 12450 |   | 16600 |   | 24900 |   | 37350 |   |   | 
                                 |   |   | M15A-20 |   | 1947 |   | STUDEBAKER
                                 (120" wb) | 1 TON | chassis |   | 169.6ci  L6  1bbl  80hp |   |   |   | 0 |   | 0 |   | 0 |   | 0 |   | 0 |   | 0 |   |   | 
 |   |   | M15A-20 |   | 1947 |   | STUDEBAKER (120" wb) | 1 TON | 2-dr cab & chassis |   | 169.6ci  L6  1bbl  80hp |   |   |   | 495 |   | 1650 |   | 4950 |   | 6600 |   | 9900 |   | 14850 |   |   | 
 |   |   | M15A-20 |   | 1947 |   | STUDEBAKER COUPE EXPRESS (120" wb) | 1 TON | 2-dr pick-up truck |   | 169.6ci  L6  1bbl  80hp |   |   |   | 1245 |   | 4150 |   | 12450 |   | 16600 |   | 24900 |   | 37350 |   |   | 
                                 |   |   | M15-28 |   | 1947 |   | STUDEBAKER
                                 (128" wb, dual rear wheels) | 1 TON | chassis |   | 169.6ci  L6  1bbl  80hp |   |   |   | 0 |   | 0 |   | 0 |   | 0 |   | 0 |   | 0 |   |   | 
 |   |   | M15-28 |   | 1947 |   | STUDEBAKER (128" wb, dual rear wheels) | 1
                                 TON | 2-dr cab & chassis |   | 169.6ci
                                 L6  1bbl  80hp |   |   |   | 585 |   | 1950 |   | 5850 |   | 7800 |   | 11700 |   | 17550 |   |   | 
 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 
                                 |   |   | M16A-28 |   | 1947 |   | STUDEBAKER
                                 (128" wb, dual rear wheels) | 1.1⁄2 TON | chassis |   | 226.2ci  L6  1bbl  94hp |   |   |   | 0 |   | 0 |   | 0 |   | 0 |   | 0 |   | 0 |   |   | 
 |   |   | M16A-28 |   | 1947 |   | STUDEBAKER (128" wb, dual rear wheels) | 1.1⁄2
                                 TON | 2-dr cab & chassis |   | 226.2ci
                                 L6  1bbl  94hp |   |   |   | 615 |   | 2050 |   | 6150 |   | 8200 |   | 12300 |   | 18450 |   |   | 
 |   |   | M16A-52 |   | 1947 |   | STUDEBAKER
                                 (152" wb, dual rear wheels) | 1.1⁄2 TON | chassis |   | 226.2ci  L6  1bbl  94hp |   |   |   | 0 |   | 0 |   | 0 |   | 0 |   | 0 |   | 0 |   |   | 
 |   |   | M16A-52 |   | 1947 |   | STUDEBAKER (152" wb, dual rear wheels) | 1.1⁄2
                                 TON | 2-dr cab & chassis |   | 226.2ci
                                 L6  1bbl  94hp |   |   |   | 645 |   | 2150 |   | 6450 |   | 8600 |   | 12900 |   | 19350 |   |   | 
 |   |   | M16A-95 |   | 1947 |   | STUDEBAKER
                                 (195" wb, dual rear wheels) | 1.1⁄2 TON | chassis |   | 226.2ci  L6  1bbl  94hp |   |   |   | 0 |   | 0 |   | 0 |   | 0 |   | 0 |   | 0 |   |   | 
 |   |   | M16A-95 |   | 1947 |   | STUDEBAKER (195" wb, dual rear wheels) | 1.1⁄2
                                 TON | 2-dr cab & chassis |   | 226.2ci
                                 L6  1bbl  94hp |   |   |   | 690 |   | 2300 |   | 6900 |   | 9200 |   | 13800 |   | 20700 |   |   | 
 |   |   | M17-28 |   | 1947 |   | STUDEBAKER
                                 (128" wb, export) | 2 TON | 2-dr cab & chassis |   | 226.2ci  L6  1bbl  94hp |   |   |   | 555 |   | 1850 |   | 5550 |   | 7400 |   | 11100 |   | 16650 |   |   | 
 |   |   | M17-52 |   | 1947 |   | STUDEBAKER (152" wb, export) | 2 TON | 2-dr cab & chassis |   | 226.2ci  L6  1bbl  94hp |   |   |   | 585 |   | 1950 |   | 5850 |   | 7800 |   | 11700 |   | 17550 |   |   | 
                                 |   |   | M17-95 |   | 1947 |   | STUDEBAKER
                                 (195" wb, export) | 2 TON | 2-dr cab & chassis |   | 226.2ci  L6  1bbl  94hp |   |   |   | 630 |   | 2100 |   | 6300 |   | 8400 |   | 12600 |   | 18900 |   |   | 
 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 
 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 
 | RARITY |   | VIN |   | YEAR |   | MAKE
                                 MODEL |   | BODY STYLE |   | ENGINE |   | PROD. |   | S |   | 2 |   | 4 |   | 6 |   | 8 |   | 10 |   | 1948 | 
 | R |   | M5 |   | 1948 |   | STUDEBAKER COUPE EXPRESS (113" wb) | 1⁄2
                                 TON | 2-dr pick-up truck |   | 169.6ci
                                 L6  1bbl  80hp |   |   |   | 1245 |   | 4150 |   | 12450 |   | 16600 |   | 24900 |   | 37350 |   |   | 
 | R |   | M15A-20 |   | 1948 |   | STUDEBAKER
                                 (120" wb) | 1 TON | chassis |   | 169.6ci  L6  1bbl  80hp |   |   |   | 0 |   | 0 |   | 0 |   | 0 |   | 0 |   | 0 |   |   | 
 | R |   | M15A-20 |   | 1948 |   | STUDEBAKER (120" wb) | 1 TON | 2-dr cab & chassis |   | 169.6ci  L6  1bbl  80hp |   |   |   | 495 |   | 1650 |   | 4950 |   | 6600 |   | 9900 |   | 14850 |   |   | 
 | R |   | M15A-20 |   | 1948 |   | STUDEBAKER COUPE EXPRESS (120" wb) | 1 TON | 2-dr pick-up truck |   | 169.6ci  L6  1bbl  80hp |   |   |   | 1245 |   | 4150 |   | 12450 |   | 16600 |   | 24900 |   | 37350 |   |   | 
                                 | R |   | M15-28 |   | 1948 |   | STUDEBAKER (128" wb) | 1 TON | chassis |   | 169.6ci
                                 L6  1bbl  80hp |   |   |   | 0 |   | 0 |   | 0 |   | 0 |   | 0 |   | 0 |   |   | 
 | R |   | M15-28 |   | 1948 |   | STUDEBAKER
                                 (128" wb) | 1 TON | 2-dr cab & chassis |   | 169.6ci  L6  1bbl  80hp |   |   |   | 510 |   | 1700 |   | 5100 |   | 6800 |   | 10200 |   | 15300 |   |   | 
 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 
 | R |   | M16A-28 |   | 1948 |   | STUDEBAKER (128" wb) | 1.1⁄2 TON | chassis |   | 226.2ci  L6  1bbl  94hp |   |   |   | 0 |   | 0 |   | 0 |   | 0 |   | 0 |   | 0 |   |   | 
 | R |   | M16A-28 |   | 1948 |   | STUDEBAKER (128" wb) | 1.1⁄2 TON | 2-dr cab & chassis |   | 226.2ci  L6  1bbl  94hp |   |   |   | 540 |   | 1800 |   | 5400 |   | 7200 |   | 10800 |   | 16200 |   |   | 
                                 | R |   | M16A-52 |   | 1948 |   | STUDEBAKER (152" wb) | 1.1⁄2 TON | chassis |   | 226.2ci
                                 L6  1bbl  94hp |   |   |   | 0 |   | 0 |   | 0 |   | 0 |   | 0 |   | 0 |   |   | 
 | R |   | M16A-52 |   | 1948 |   | STUDEBAKER
                                 (152" wb) | 1.1⁄2 TON | 2-dr cab & chassis |   | 226.2ci  L6  1bbl  94hp |   |   |   | 570 |   | 1900 |   | 5700 |   | 7600 |   | 11400 |   | 17100 |   |   | 
 | R |   | M16A-95 |   | 1948 |   | STUDEBAKER (195" wb) | 1.1⁄2 TON | chassis |   | 226.2ci  L6  1bbl  94hp |   |   |   | 0 |   | 0 |   | 0 |   | 0 |   | 0 |   | 0 |   |   | 
                                 | R |   | M16A-95 |   | 1948 |   | STUDEBAKER (195" wb) | 1.1⁄2 TON | 2-dr cab & chassis |   | 226.2ci  L6  1bbl  94hp |   |   |   | 615 |   | 2050 |   | 6150 |   | 8200 |   | 12300 |   | 18450 |   |   | 
 | R |   | M17-28 |   | 1948 |   | STUDEBAKER (128" wb, export) | 2 TON | 2-dr cab &
                                 chassis |   | 226.2ci  L6  1bbl  94hp |   |   |   | 555 |   | 1850 |   | 5550 |   | 7400 |   | 11100 |   | 16650 |   |   | 
 | R |   | M17-52 |   | 1948 |   | STUDEBAKER (152" wb, export) | 2 TON | 2-dr cab & chassis |   | 226.2ci  L6  1bbl  94hp |   |   |   | 585 |   | 1950 |   | 5850 |   | 7800 |   | 11700 |   | 17550 |   |   | 
                                 | R |   | M17-95 |   | 1948 |   | STUDEBAKER (195" wb, export) | 2 TON | 2-dr cab & chassis |   | 226.2ci  L6  1bbl  94hp |   |   |   | 630 |   | 2100 |   | 6300 |   | 8400 |   | 12600 |   | 18900 |   |   | 
 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 
 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 
                                 |   |   |   |   |   |   | ADDS FOR CAB & CHASSIS: |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 
 |   |   |   |   |   |   | ADD FOR PLATFORM |   |   |   |   |   |   |   | 45 |   | 150 |   | 450 |   | 600 |   | 900 |   | 1350 |   |   | 
 |   |   |   |   |   |   | ADD FOR PLATFORM STAKE BED |   |   |   |   |   |   |   | 75 |   | 250 |   | 750 |   | 1000 |   | 1500 |   | 2250 |   |   | 
 |   |   |   |   |   |   | ADD FOR TRACTOR CONVERSION |   |   |   |   |   |   |   | 30 |   | 100 |   | 300 |   | 400 |   | 600 |   | 900 |   |   | 
 |   |   |   |   |   |   | ADD FOR UTILITY PANEL/VAN |   |   |   |   |   |   |   | 75 |   | 250 |   | 750 |   | 1000 |   | 1500 |   | 2250 |   |   | 
 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 
 |   |   |   |   |   |   | ADDS AND DEDUCTS FOR ALL MODELS: |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 
 |   |   |   |   |   |   | ADD FOR 4-SPEED MANUAL TRANSMISSION |   |   |   |   |   |   |   | 30 |   | 100 |   | 300 |   | 400 |   | 600 |   | 900 |   |   | 
 |   |   |   |   |   |   | DEDUCT FOR NON FACTORY WHEELS |   |   |   |   |   |   |   | 45 |   | 150 |   | 450 |   | 600 |   | 900 |   | 1350 |   |   | 
 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 
 |   |   |   |   |   |   | PRODUCTION TOTALS FOR SELECT MODELS: |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 
 |   |   |   |   |   |   | 1945
                                 STUDEBAKER TRUCKS |   |   |   |   |   | 4000 |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 
 |   |   |   |   |   |   | 1946
                                 STUDEBAKER TRUCKS |   |   |   |   |   | 14052 |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 
 |   |   |   |   |   |   | 1947
                                 STUDEBAKER TRUCKS |   |   |   |   |   | 23377 |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 
 |   |   |   |   |   |   | 1948
                                 STUDEBAKER TRUCKS |   |   |   |   |   | 10253 |