General Motors Diesel Division Division. In 1965 GMDD was absorbed by the General Motors Detroit Diesel Engine Division. General Motors Diesel Division is not to be confused with General Motors Diesel, Ltd., the Canadian subsidiary of EMD formed in 1949, or the Diesel Division of General Motors of Canada, the entity for General Motors of Canada's diesel equipment manufacturing operations formed in 1969. Diesel engines produced by the General Motors Cleveland Diesel and Detroit Diesel Engine Divisions General Motors Diesel Division General Motors Diesel Division (GMDD) was a marketing and customer service unit of General Motors founded in 1938. It sought customers for GM's
Chrysler 1987, Chrysler acquired American Motors Corporation (AMC), which brought the profitable Jeep brand under the Chrysler umbrella. In 1985, Chrysler entered an agreement with AMC to produce Chrysler M platform rear-drive, as well as Dodge Omnis front wheel drive cars, in AMC's Kenosha, Wisconsin plant. In 1987, Chrysler acquired the 47% ownership of AMC that was held by Renault. The remaining outstanding shares of AMC were bought on the NYSE by August 5, 1987, making the deal valued somewhere between US$1.7 billion and US$2 billion, depending on how costs were counted. Chrysler CEO Lee Iacocca wanted the Jeep brand, particularly