When did Chrysler buy Jeep?

I’ve always been a fan of Jeep, but I admittedly don’t know much about the company itself. I know it was part of a few mergers and acquisitions decades ago involving Chrysler, but that’s about it. When was Jeep purchased by Chrysler?

Eric Schad · Answered on Dec 13, 2022
Reviewed by Shannon Martin, Licensed Insurance Agent.
Chrysler bought Jeep in 1987. At the time, Jeep wasn’t an independent company—it was a wholly owned subsidiary of the American Motors Corporation (AMC). After purchasing AMC and the Jeep nameplate, Chrysler also launched the short-lived Eagle at the time** brand, yet only Jeep survived.
The idea behind the purchase was that Jeep was already a well-established name in the automotive industry, yet AMC was struggling to make a profit. Due to these financial difficulties, AMC decided to sell its assets and business to Chrysler rather than go out of business. Today, the Jeep name is the only remaining part of AMC.
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