Roy D. Chapin Jr.

Roy D. Chapin Jr. was instrumental in introducing many successful lines of cars by American Motors that included the Gremlin, Hornet, and Javelin, as well as the purchase of Kaiser Jeep by the automaker.

[8] The "dynamic and intelligent" Chapin was appointed to fill the CEO position at AMC following the departure of Roy Abernethy in 1967, along with William V. Luneburg as president.

[11] The company skipped paying a dividend for the sixth straight quarter, and to control the inventory of unsold cars, AMC closed its factories for ten working days—the second such shutdown in two months.

[9] During an era when relationships were vital to securing corporate financing, Chapin "was a well-known industrialist who inspired great confidence among the leading financiers of his day" to help keep the automaker going.

[15] Chapin cut the suggested retail price of the basic two-door Rambler American sedan to $1,839 (US$16,804 in 2023 dollars[12]), which was $278 less than its closest U.S. competitor, the $2,117 Plymouth Valiant.

[17] Within a month of taking their positions, Chapin and Luneburg reversed the automaker's upholding the ban on racing that was instituted by the Automobile Manufacturers Association (AMA) in 1957.

[19] In addition to slashing prices and sponsoring Ramblers in racing to help build a performance image, Chapin was optimistic because the company had cut costs by $27 million a year, hired new executives, and had significant products in the pipeline, including new youth-oriented models.

[11] Chapin appeared in print advertisements and he was interviewed by John Bond, publisher of Road & Track and Car Life about product and corporate strategy to assure the success of AMC.

[22] These included dropping the roadshows for the introduction of new models in favor of closed-circuit TV, as well as "dynamic meetings" by holding the first automobile sales events in the sky using chartered flights to "mystery" destinations.

We got it for a song, about $75 million..."[10] American Motors' engineers and designers quickly overhauled Jeep and expanded its lineup, creating a valuable asset that attracted Renault, Chrysler, and ultimately DaimlerBenz AG.

"[35] An agreement was signed with Curtiss-Wright in February 1973, for AMC to build Wankels for both passenger cars and Jeeps, as well as the right to sell any rotary engines it produces to other companies.

[37] Chapin established a "philosophy of difference" although vaguely defined, "it has meant that AMC sought niches in the auto market where the Big Three were unwilling or unable to move quickly.

[3] Although much smaller than the domestic "Big Three" automakers (General Motors, Ford, and Chrysler), AMC prospered during the early years when Chapin was in charge, as sales of its compact cars benefited from rising energy prices and the company's international expanded.

[42] Chapin was also known for his persuasion powers with the automaker's investment banks and his Wall Street contacts; winning concessions on many occasions that helped AMC remain afloat.

[2] The ownership of the Jeep brand was crucial to the company's survival until 1987 and Chapin's "legacy was what kept American Motors together instead of being sold off as factories and other pieces" according to Robert Casey, transportation curator at the Henry Ford Museum.

[42] To summarize his life, Chapin was considered a true 'gentleman' who grew up in the auto industry and was knowledgeable, warm, and accessible; in short, a patrician with a common touch.