American Motors Corporation
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American Motors Corporation
American Motors Corporation (AMC; commonly referred to as American Motors) was an American automobile manufacturing company formed by the merger of Nash-Kelvinator Corporation and Hudson Motor Car Company on May 1, 1954. At the time, it was the largest corporate merger in U.S. history. American Motors' most similar competitors were those automakers that held similar annual sales levels such as Studebaker, Packard, Kaiser Motors, and Willys-Overland. Their largest competitors were the Big Three—Ford, General Motors, and Chrysler. American Motors' production line included small cars - the Rambler American which began as the Nash Rambler in 1950, Hornet, Gremlin, and Pacer; intermediate and full-sized cars, including the Ambassador, Rambler Classic, Rebel, and Matador; muscle cars, including the Marlin, AMX and Javelin; and early four-wheel drive variants of the Eagle and the Jeep Wagoneer, the first true crossovers in the U.S. market. Regarded as "a small company deft en ...
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Jeep-Eagle
Jeep-Eagle was the name of the automobile sales division created by the Chrysler, Chrysler Corporation after the United States dollar, US$2 billion takeover of American Motors, American Motors Corporation (AMC) in 1987. The division marketed a variety of vehicles until 1997. History The Jeep-Eagle Division consisted mostly of what was left of American Motors after its acquisition by Chrysler. The first group vice president was Joseph Cappy, who previously held the post of AMC president and chief executive officer. The new organization was responsible for continuing the promotion, sales, and product engineering for Jeep and the remaining AMC vehicles, most notably the AMC Eagle. It was a method to absorb nearly 1,200 American Motors dealers into Chrysler's distribution system and have them "meet stronger quality standards". The new division gave Chrysler three dealer organizations because state franchise laws prevented Chrysler from merging the AMC dealer network into its exist ...
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AM General
AM General is an American heavy vehicle and contract automotive manufacturer based in South Bend, Indiana. It is best known for the civilian Hummer H1, Hummer and the military Humvee that are assembled in Mishawaka, Indiana. For a relatively brief period, 1974–1979, the company also manufactured transit buses, making more than 5,400 of them. Corporate history AM General traces its roots to the Standard Wheel Company of Terre Haute, Indiana, which expanded in 1903 to include the Overland Automobile, Overland Automotive Division. In 1908, John North Willys purchased the Overland company, then based in Indianapolis, Indiana, and renamed it Willys-Overland Motors. In the 1940s, as Willys, it collaborated with Ford Motor Company, Ford to develop a vehicle to United States Army, US Army specifications. It then mass-produced that vehicle as "America's first four-wheel-drive, one-fourth-ton, tactical utility truck"—the Jeep#World War II Jeeps, Jeep of World War II fame. In 1953, Kai ...
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Compact Car
Compact car is a vehicle size class — predominantly used in North America — that sits between subcompact cars and mid-size cars. "Small family car" is a British term and a part of the C-segment in the European car classification. However, prior to the downsizing of the United States car industry in the 1970s and 1980s, larger vehicles with wheelbases up to were considered "compact cars" in the United States. In Japan, small size passenger vehicle is a registration category that sits between kei cars and regular cars, based on overall size and engine displacement limits. United States Current definition The United States Environmental Protection Agency (EPA) ''Fuel Economy Regulations for 1977 and Later Model Year'' (dated July 1996) includes definitions for classes of automobiles. Based on the combined passenger and cargo volume, compact cars are defined as having an ''interior volume index'' of . 1930s to 1950s The beginnings of U.S. production of compact cars we ...
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General Motors
The General Motors Company (GM) is an American Multinational corporation, multinational Automotive industry, automotive manufacturing company headquartered in Detroit, Michigan, United States. It is the largest automaker in the United States and was the largest in the world for 77 years before losing the top spot to Toyota in 2008. General Motors operates manufacturing plants in eight countries. Its four core automobile brands are Chevrolet, Buick, GMC (automobile), GMC, and Cadillac. It also holds interests in Chinese brands Wuling Motors and Baojun as well as DMAX (engines), DMAX via joint ventures. Additionally, GM also owns the BrightDrop delivery vehicle manufacturer, GM Defense, a namesake Defense vehicles division which produces military vehicles for the United States government and military; the vehicle safety, security, and information services provider OnStar; the auto parts company ACDelco, a GM Financial, namesake financial lending service; and majority ownership in t ...
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Ford Motor Company
Ford Motor Company (commonly known as Ford) is an American multinational automobile manufacturer headquartered in Dearborn, Michigan, United States. It was founded by Henry Ford and incorporated on June 16, 1903. The company sells automobiles and commercial vehicles under the Ford brand, and luxury cars under its Lincoln luxury brand. Ford also owns Brazilian SUV manufacturer Troller, an 8% stake in Aston Martin of the United Kingdom and a 32% stake in China's Jiangling Motors. It also has joint ventures in China (Changan Ford), Taiwan (Ford Lio Ho), Thailand ( AutoAlliance Thailand), and Turkey ( Ford Otosan). The company is listed on the New York Stock Exchange and is controlled by the Ford family; they have minority ownership but the majority of the voting power. Ford introduced methods for large-scale manufacturing of cars and large-scale management of an industrial workforce using elaborately engineered manufacturing sequences typified by moving assembly lines; by ...
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Big Three (automobile Manufacturers)
In the automotive industry, the term Big Three is used for a country's three largest motor vehicle manufacturers, especially indicating companies that sell under multiple brand names. The term originated in the United States, where General Motors was the first to form a large, multi-brand, motor-vehicle corporation (in the 1910s), followed by Ford Motor Company, and the Chrysler Corporation, all before World War II. The term "Big Three" has since been sometimes used to refer to the following automakers: * Germany — the Volkswagen Group, the Mercedes-Benz Group, and BMW. * Japan — Toyota, Nissan, and Honda. * United States — Ford, General Motors, and Stellantis United States General Motors, Ford Motor Company, and Chrysler Stellantis North America are often referred to as the "Big Three", being the largest automakers in the United States. They were for a while the three largest in the world, with GM and Ford remaining as mainstays in the top five. The Big Three are a ...
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Willys-Overland
Willys (pronounced , "Willis" ) was a brand name used by Willys–Overland Motors, an American automobile company, founded by John North Willys. It was best known for its design and production of World War II era and later military jeeps (MBs), as well as civilian versions (Jeep CJs), and branding the 'jeep' military slang-word into the '(Universal)Jeep' marque. History Early history In 1908, John Willys bought the Overland Automotive Division of Standard Wheel Company and in 1912 renamed it Willys–Overland Motor Company. From 1912 to 1918, Willys was the second-largest producer of automobiles in the United States after Ford Motor Company. In 1913, Willys acquired a license to build Charles Yale Knight's sleeve-valve engine which it used in cars bearing the Willys–Knight nameplate. In the mid-1920s, Willys also acquired the F.B. Stearns Company of Cleveland and assumed continued production of the Stearns-Knight luxury car, as well. John Willys acquired the E ...
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Kaiser Motors
Kaiser Motors (formerly Kaiser-Frazer) Corporation made automobiles at Willow Run, Michigan, United States, from 1945 to 1953. In 1953, Kaiser merged with Willys-Overland to form Willys Motors Incorporated, moving its production operations to the Willys plant at Toledo, Ohio where they continued to build automobiles under the Kaiser marque including the Kaiser Darrin until 1955. Their South American operations continued to build passenger cars well up into the 1960s. The company changed its name to Kaiser Jeep Corporation in 1963. History The Kaiser-Frazer Corporation was established in August 1945 as a joint venture between the Henry J. Kaiser Company and Graham-Paige Motors Corporation. Both Henry J. Kaiser, a California-based industrialist and Joseph W. Frazer, CEO of Graham-Paige, wanted to get into the automobile business and pooled their resources and talents to do so. Less than a year after Kaiser-Frazer's formation, the first Kaiser and Frazer branded automobiles we ...
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Packard
Packard or Packard Motor Car Company was an American luxury automobile company located in Detroit, Michigan. The first Packard automobiles were produced in 1899, and the last Packards were built in South Bend, Indiana in 1958. One of the "Three Ps" alongside Peerless Motor Company, and Pierce-Arrowthe company was known for building high-quality luxury automobiles before World War II. Owning a Packard was considered prestigious, and surviving examples are found in museums, car shows, and automobile collections. Packard vehicles featured innovations, including the modern steering wheel, air-conditioning in a passenger car, and one of the first production 12-cylinder engines, adapted from developing the Liberty L-12 engine used during World War I to power warplanes. During World War II, Packard produced 55,523 units of the two-stage/two-speed supercharger equipped Merlin V-12s engines under contract with Rolls-Royce. Packard also made the versions of the Liberty L-12 V-12 ...
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Studebaker
Studebaker was an American wagon and automobile manufacturer based in South Bend, Indiana, with a building at 1600 Broadway, Times Square, Midtown Manhattan, New York City. Founded in 1852 and incorporated in 1868 as the Studebaker Brothers Manufacturing Company, the firm was originally a coachbuilder, manufacturing wagons, buggies, carriages and harnesses. Studebaker entered the automotive business in 1902 with electric vehicles and in 1904 with gasoline vehicles, all sold under the name "Studebaker Automobile Company". Until 1911, its automotive division operated in partnership with the Garford Company of Elyria, Ohio, and after 1909 with the E-M-F Company and with the Flanders Automobile Company. The first gasoline automobiles to be fully manufactured by Studebaker were marketed in August 1912. Over the next 50 years, the company established a reputation for quality, durability and reliability. After an unsuccessful 1954 merger with Packard (the Studebaker-Packard C ...
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Nash-Kelvinator Corporation
Nash-Kelvinator Corporation was the result of a merger in 1937 between Nash Motors and Kelvinator Appliance Company. The union of these two companies was brought about as a result of a condition made by George W. Mason prior to his appointment as CEO of Nash. Nash-Kelvinator ranked 27th among United States corporations in the value of World War II production contracts. In 1955, Kelvinator introduced the Kelvinator Food-A-Rama Side by Side Refrigerator, one of the earliest modern side-by-side frost-free refrigerators. Kelvinator consumer products, before and after the merger with Nash, were considered an upmarket brand of household appliances. In 1954, Nash-Kelvinator acquired Hudson Motor Car Company of Detroit, Michigan, in what was called a mutually beneficial merger which formed the American Motors Corporation. Kelvinator continued as a wholly owned division within the new company. The Kelvinator brand was sold to White Consolidated Industries in 1968, which brought the produc ...
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Mergers And Acquisitions
Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is a legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. A deal may be euphemistically called a ''merger of equals'' if both CEOs agree that joining together is in the best interest of both of their companies. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. In most countries, mergers and acquisitions must co ...
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