Editing American Motors Corporation (section)

=== 1986–1987: Joseph E. Cappy ===

On March 23, 1986, former executive vice president of operations [[Joseph E. Cappy]] was named president and chief executive officer of American Motors.<ref>{{cite news |title=AMC Names Joseph Cappy President, Chief |work=The Wall Street Journal |date=March 24, 1986}}</ref>

In 1987, after further new-vehicle development that included the [[Eagle Medallion|Medallion]] (a rebadged [[Renault 21]]) and [[Giorgetto Giugiaro]]'s Italian-designed new [[full-size car|full-sized]] [[front-wheel drive]] sedan that became the [[Eagle Premier]],<ref>{{cite magazine|first=Jim |last=Dunne |title=Inside Detroit|magazine=Popular Mechanics|date=June 1986|volume=163|issue=8 |url= https://books.google.com/books?id=0OMDAAAAMBAJ&pg=PA42 |page=42 |access-date=May 31, 2012}}</ref><ref>{{cite magazine|magazine=Business Week|date=April 28, 1986|title=Can American Motors shed its sad-sack image? |url=https://books.google.com/books?id=oUw1AAAAMAAJ&q=A+two-+door+coupe,+the+X-59,+debuts+in+1988|access-date=May 23, 2012}}</ref> Renault sold its 47% ownership stake in American Motors to Chrysler, which made a public offer to purchase all the remaining outstanding shares of American Motors stock. Chrysler acquired American Motors in August 1987. The primary task of Chrysler management was to integrate the two companies as quickly as possible. American Motors' final CEO, was tasked with achieving this by Chrysler president Gerald Greenwald.<ref>{{cite news |title=A merger of equals? Someone has to be in charge |first=Joe |last=Cappy |date=June 10, 2019 |url=https://www.autonews.com/commentary/merger-equals-someone-has-be-charge |work=Automotive News |access-date=August 18, 2020 |archive-date=February 26, 2021 |archive-url=https://web.archive.org/web/20210226184627/https://www.autonews.com/commentary/merger-equals-someone-has-be-charge |url-status=live }}</ref>

After the buyout Cappy joined Chrysler as group vice president of the new [[Jeep-Eagle]] division.<ref>{{cite news |title=What Happened to AMC's Executives |newspaper=The Washington Post |date=November 22, 1987}}</ref> In 1989, he was named Chrysler's vice president of brand development.<ref>{{cite news |last1=Patterson |first1=Gregory |title=Chrysler Reorganizes Marketing Lines, Ends Structure as a Holding Company |work=The Wall Street Journal |date=November 7, 1989}}</ref> The following year he became Chrysler's vice president of international operations.<ref>{{cite news |last1=Guiles |first1=Melinda Grenier |last2=Carnevale |first2=Mary Lu |title=Black & Decker Is Said to Pick Hammes of Chrysler to Lead Power-Tool Division |work=The Wall Street Journal |date=May 15, 1990}}</ref>