American Motors Corporation

…the division was sold to American Motors Corporation (AMC) in a transaction that gave Kaiser financial interest in AMC.

…Renault signed an agreement with American Motors Corporation that called for AMC dealers to sell Renault cars in the United States while Renault would market AMC cars in Europe. A year later Renault became the principal stockholder in AMC. In 1987, however, Renault announced that it would withdraw from the…

…expensive, high-performance sports cars, and American Motors Corporation (founded in 1954 through the merger of Nash-Kelvinator Corporation and Hudson Motor Car Company), maker of the Jeep four-wheel-drive vehicles. Iacocca especially saw potential in the Jeep Cherokee, which went on to become one of the most popular sport-utility vehicles (SUVs). During…