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Total cost was estimated at up to $3 million, or more than AMC had earned the previous quarter. [69] American Motors lost an estimated $65 million on its conventional (non-Jeep) cars for the fiscal year that ended September 30, 1978, but strong Jeep sales helped the company to an overall $36.7 million profit on sales of $2.6 billion.
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AMC stock gained 19% to $22.18 at the close on Friday after initially falling following the announcement of the new units on Thursday. The preferred shares started trading under the "APE" ticker on the New York Stock Exchange starting Aug. 22. [83] AMC CEO Adam Aron stated "We are making great strides on our path towards pandemic recovery".
At midyear, AMC's new top engine, the AMX 390 cu in (6.4 L) 315 hp (235 kW; 319 PS) V8 became an option in the Ambassador line, bringing the total engine options up to four. In June 1967, American Motors started a new advertising campaign created by Mary Wells Lawrence of the Wells, Rich, and Greene marketing agency.
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The AMC Hornet is a compact ... and optional power-assisted front disk brakes as well as up-sized fiberglass-belted tires that included C or D78x14 black or twin ...
AMC Networks and Spectrum parent Charter Communications have reached an early renewal for their multiyear carriage deal. Top AMC series include “The Walking Dead” franchise, the Annie Rice ...
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