Annual Maintenance Contract (AMC) is a contract between the owner of a certain device and a maintenance company whereby the company is given charge of the maintenance of the device throughout the year and the contract is subject to yearly renewal. AMC’s are available for a whole range of electrical and electronics appliances starting from computers, laptops, refrigerators, televisions, air conditioners, and almost every electrical and electronics equipment. The company which provides the AMC Service will take care of all the problems that might arise in the particular gadget during the contract period. Apart from this, there is also usually a regular schedule of maintenance from the AMC service provider.
American Motors Corporation is a motor company in USA. It came into existence in 1954 when two major companies of America Nash Kelvinator Corporation and Hudson Motor Car Company were merged. It was the largest corporate merger of the history of USA at that time. This merger was led by George W. Mason, an American industrialist. The objective of this merger was to use the strengths of both the firms to compete with the major automakers; General Motors, Chrysler and Ford.