1974 American Motors Corporation Annual Report.

American Motors has gained recognition and opportunity in the marketplace because its philosphy and programs are responsive to people's needs. American Motors' Pacer, unique in concept, illustrates aain that the company is committed to providing distinctive ideas and products which are responsive to changing times. It will be introduced in 1975.

Contents:
Financial and Operating Hightlights
To Our Stockholders
The Responsive Company: Automotive Products
The Responsive Company: Marketing and Service
The Responsive Company: Expanding Market Needs
The Responsive Company: Social and Community Service
Financial Review
Corporate Officers
Corporate Directory