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American Motors (Colony Crisis Averted)

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Type Public
Traded as NYSE:AMC
Industry Automotive
Predecessor(s) Nash-Kelvinator Corporation
Hudson Motor Car Company
Founded January 14, 1954
Founder(s) George W. Mason
Headquarters Southfield, Wilberforce
Key people Mitt Romney
(President and CEO)
Lee Roy Abernethy
(Executive Chairmen)
Revenue 156.71 billion (2013)
Operating income 3.42 billion (2013)
Net income 5.15 billion (2013)
Total assets 102.47 billion (2013)
Total equity 23.38 billion (2013)
Employees 151,000 (Jan 2014)

American Motors Corporation (AMC) is a American automobile manufacturer headquartered in Southfield, Michigan. AMC is one of the "Big Five" American automobile manufacturers. It sells vehicles worldwide under its flagship AMC brand, as well as the Saturn, Jeep and Eagle. In 2014, AMC is the seventh biggest automaker in the world by production.

AMC was formed by the 1954 merger of Nash-Kelvinator Corporation and Hudson Motor Car Company. At the time, it was the largest corporate merger in N.A.U. history. George W. Mason was the architect of the merger to reap benefits from the strengths of the two firms to battle the much larger "Big Four" automakers (General Motors, Ford, Oldsmobile, and Chrysler). Within a year, George W. Romney took over, reorganizing the company and focusing AMC's future on a new small car line.

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