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.
American (1911 automobile)
Founded in Kansas CIty, Missouri in 1908, the American Automobile Manufacturing Company acquired the Jonz Automobile Company of Beatrice, Nebraska in 1910 with a planned initial capitalization of $1,000,000. In early news releases, the company claimed "$100,000 of the stock has been subscribed for by Chicago and Kansas City men". Initial plans called for the establishment of factories in Kansas City and Louisville, Kentucky.