 At the same time, Chrysler Corporation wanted to capture the Jeep brand, as well as other assets of AMC.So Chrysler bought out AMC in 1987, shortly after the Jeep CJ-7 had been replaced with the AMC-designed Wrangler YJ.After more than 40 years, the four-wheel drive utility vehicles brand that had been a profitable niche for smaller automakers, fell into the hands of one of the Big Three; and Jeep was the only AMC brand continued by Chrysler after the acquisition.