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.
History of Massachusetts
In the 1890s—largely due to the presence of the Springfield Armory, which employed many skilled, mechanical workers—Greater Springfield became the United States' first major center of automobile and motorcycle innovation. The United States' first gasoline-powered automobile company, the Duryea Motor Wagon Company, was founded in Chicopee in 1893. The first American motorcycle company, the Indian Motorcycle Company, was founded in Springfield in 1901. Knox Automobile produced the world's first motorized fire engines in Springfield in 1906.
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