1950s American automobile culture
During the decade, many smaller manufacturers could not compete with the Big Three and either went out of business or merged. In 1954, American Motors was formed when Hudson merged with Nash-Kelvinator Corporation in a deal worth almost $200 million, the largest corporate merger in United States history at that time.
DeLorean Motor Company
The DeLorean Motor Company (DMC) was an American automobile manufacturer originally formed by automobile industry executive John DeLorean in 1975. It is remembered for the one model it produced — the distinctive stainless steel DeLorean sports car featuring gull-wing doors—and for its brief and turbulent history, ending in receivership and bankruptcy in 1982. Near the end, in a desperate attempt to raise the funds his company needed to survive, John DeLorean was filmed appearing to accept money to take part in drug trafficking, but was subsequently acquitted of charges brought against him on the basis of entrapment.