PriceProtect™
DriveShield™
GarageGuard™
Services
Insurance
Car Insurance
Compare Car Insurance with Jerry
Jerry’s Expert Advice
Car Insurance Estimates
Home & Renters Insurance
Renters Insurance
Loans
Car Loan
Compare Car Loans with Jerry
Jerry's Expert Advice
Car Loan Guides
Repairs
Car Repair Estimates
Repair Estimates for Popular Services
Advice
Read Car Content
Browse Jerry Car Advice
Check Out Expert Car QnA
Learn About How We Create Content
Jerry Data & Research
When did the AMC buy Jeep?
I am trying to learn about the history of Jeeps and remember seeing that the American Motors Corporation purchased the brand at some point in time, but I don’t remember what year. When did AMC buy Jeep?
Andrew Biro · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Excellent question! The American Motors Corporation (AMC) bought
Jeep
in 1970 for approximately $75 million from Henry J. Kaiser, the owner of the Kaiser Jeep Corporation.When the make was first introduced in the early 1940s, Jeeps served as military vehicles and were built by Willys-Overland, though the official “Jeep” name was not trademarked until June 13th, 1950.
In 1953, American industrialist Henry J. Kaiser bought Willys-Overland for roughly $60.8 million, at which point the company would be renamed Willys Motors Incorporated. In 1963, Kaiser changed the name again, this time to the Kaiser Jeep Corporation, before selling the company to AMC seven years later.
View full answer
- Gregory R.
WHY YOU CAN TRUST JERRY
Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
Join 4M+ members in lowering their car insurance
You Might Also Be Interested
Read Advice From Car Experts At Jerry
.jpg&w=64&q=75){kind=avatar}
What Others Are Asking
Browse More Content
Insurance in Your State
Easiest way to compare and buy car insurance
No long forms
No spam or unwanted phone calls
Quotes from top insurance companies
