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.
Edmund E. Anderson
Edmund E. Anderson (April 29, 1906 – October 23, 1989) was an automotive designer in the North American automotive industry at General Motors and notably as the lead designer for American Motors Corporation (AMC) from 1950 to 1961.