American automobile industry in the 1950s
In 1954, the smaller American Motors Corporation (AMC) was formed when Hudson merged with Nash-Kelvinator Corporation in a deal worth almost USD $200 million ($1.735 billion in 2013 dollars) the largest corporate merger in U.S. history at that time. Other mergers with smaller independent manufacturers followed. Although AMC was moderately successful it was never sufficiently large to challenge any of the Big Three, and was eventually bought by Chrysler in 1987.
Mobile Company of America
The Mobile Company of America was an American steam automobile manufacturer founded in 1899 by John B. Walker after a fallout with businessman Amzi L. Barber, whose financing had earlier allowed Walker to purchase the now well-known Stanley Steamer concern. It was based in Tarrytown, New York.