American Motors Corporation
In January 1954, Nash-Kelvinator Corporation began acquisition of the Hudson Motor Car Company (in what was called a merger). The new corporation would be called American Motors Corporation. (An earlier corporation with the same name, co-founded by Louis Chevrolet, had existed in New Jersey from 1916 through 1922 before merging into the Bessemer–American Motors Corporation.)
A. E. Barit
The new compact car, named the Hudson Jet, did not attract buyers, and the expense of its development (and failure) combined with Hudson's lack of resources to update their senior line of cars spelled the end for the company. Hudson Motors was subsequently acquired through a friendly merger by Nash Motors in 1954, creating American Motors.