American Motors Corporation

Automotive · Founded 1954

American Motors' 1987 sale to Chrysler ended the last independent American automaker. AMC had survived through innovation (Gremlin, Pacer, Eagle), Jeep's off-road dominance, and Renault partnership. But subscale production couldn't cover development costs for new models. Chrysler bought AMC primarily for Jeep, discarding the rest. AMC demonstrated that automotive manufacturing requires scale that independent players can't achieve.

Key Leaders at American Motors Corporation

Joseph Cappy

CEO

Key Facts

1954
Founded