AMC has been defunct since 1988, since it was bought out by Chrysler, but AMC autos remain on the road and in garages all over the nation.Click to see full answer. Simply so, when did AMC Motors go out of business? American Motors Corporation Logo from 1970 to 1987 Former type public company Fate Discontinued (renamed Jeep Eagle Corporation 1988, merged into Chrysler 1990) Predecessor Hudson Motor Car Company Successor Chrysler AM General FCA (since 2014) Furthermore, who bought out AMC? Chrysler announced that it had agreed to buy the 46 percent of American Motors held by Renault, the French Government-owned car company that bought into American Motors eight years ago. With that, automotive analysts said, the takeover is assured. Subsequently, question is, what was the last car AMC made? Last AMC Pacer rolls off assembly line. On December 3, 1979, the last Pacer rolls off the assembly line at the American Motors Corporation (AMC) factory in Kenosha, Wisconsin.What year did Chrysler buy AMC? 1987

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