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.
Doc Hudson
The original Hudson Hornet was introduced in 1951 and manufactured until 1954. Fabulous Hudson Hornets won NASCAR cups for three consecutive years (Herb Thomas in 1951 and 1953, and Tim Flock in 1952), paralleling Doc Hudson's three Piston Cup wins in those same years. The Hudson Motor Company was merged into Nash Motors on January 14, 1954 to form American Motors Corporation (AMC). After brief use as a marque on Nash-designed AMC vehicles, the Hudson name disappeared entirely by 1957. The automaker continued until its March 9, 1987 takeover by Chrysler, but never won another NASCAR championship cup.
The "Fabulous Hudson Hornet" name, which appeared on three famous NASCAR entries between 1951 and 1954, vanished once Hudson was merged into AMC. Herb Thomas #92 raced Buick and Chevrolet cars in 1955; severe injuries in a 1956 racing wreck in Shelby effectively ended his career, despite two unsuccessful starts in 1957 and one in 1962. Tim Flock #91 switched to Ford cars in 1955; he was one of two drivers forced out of NASCAR after supporting a 1961 unionisation attempt, the Federation of Professional Athletes. Marshall Teague #6 left NASCAR after the 1952 season in a dispute with NASCAR's owner Bill France, Sr.; he was killed in a rollover collision at Daytona on February 11, 1959.