Editing American Motors Corporation (section)

=== 1984–1986: Jose J. Dedeurwaerder ===

On September 28, 1984, Dedeurwaerder was promoted to CEO, with Tippett remaining on as chairman.<ref>{{cite news |title=Renault Officer Named A.M.C. Chief Executive: New Chief At A.M.C. |newspaper=The New York Times |date=September 29, 1984}}</ref> On February 25, 1985, AMC announced its first full-year profit since 1979.<ref>{{cite news |title=AMC Earns First Full-Year Profit Since '79 |newspaper=Chicago Tribune |date=February 26, 1985}}</ref> The success was short-lived as on July 31, 1985, AMC announced that it had received a $50 million loan from Renault following a second-quarter loss of $70.4 million.<ref>{{cite news |title=A.M.C. Posts a Big Loss And Gets Renault Loan |newspaper=The New York Times |date=August 1, 1985}}</ref>

Under Dedeurwaerder, [[Chrysler]] entered an agreement with American Motors in 1985 to produce Dodge Diplomats and Plymouth Furys, as well as Dodge Omnis and Plymouth Horizons in American Motors' [[Kenosha, Wisconsin]], plant. At the time, American Motors had excess manufacturing capacity.

In January 1986, Dedeurwaerder was named Renault's executive vice president of worldwide sales and marketing.<ref>{{cite news |title=AMC's President, Dedeurwaerder, Gets New Posts at Renault |newspaper=The Wall Street Journal |date=January 3, 1986}}</ref> He remained president and CEO, and chairman of the executive committee at AMC until March 23, 1986, when he was succeeded in the former two roles by [[Joseph E. Cappy]].<ref>{{cite news |title=AMC Names Joseph Cappy President, Chief |newspaper=The Wall Street Journal |date=March 24, 1986}}</ref>

By 1986, Renault had lost $700 million on $22 billion of sales in the U.S. market, and was $9 billion in debt.