Events tagged with "SUVs"

Historical Events tagged with "SUVs"

Turns out history loves a label—battles, breakthroughs, and the occasional disaster, all neatly tagged for your browsing pleasure. Because sometimes you just need every weird invention in one place.

Economics & Industry

Chrysler Acquires American Motors Corporation

March 9th, 1987 38 years ago

Chrysler Corporation announced its acquisition of American Motors Corporation (AMC), marking a significant shift in the automotive industry. This strategic move allowed Chrysler to expand its product lines and enhance competitiveness in the market. The acquisition was driven by Chrysler's interest in AMC's Jeep brand, which had a strong presence in the SUV segment. The deal was valued at approximately $1.5 billion and aimed to solidify Chrysler's position as a leading automobile manufacturer.