AMC stands for Annual Maintenance Contract. It is a contract signed between consumer and the product manufacturer. We all know that in this competitive era, quality is the prime factor which attracts customers to use that specific product. The quality output from any machine depends on machine's repeat performance.
This annual maintenance contract is useful for both consumer and product manufacturer. This is usually for a period for 1 year and can be extended for 3 years or 5 years. In AMC, usually the service providers give only service support and would charge separately for every part. In some cases, few parts are replaced during the visit by service engineer when it is mentioned in AMC contract that limited parts will be replaced.
There is also a maintenance contract named CMC: Comprehensive Maintenance Contract.
CMC covers the prompt service from the service provider. It is also signed usually for 1 year and ccan be extended for 3 years or 5 years. CMC includes repairs and replacements of faulty parts. Having the contracts gives the benefits such as consumables (which are not part of contract) being available at reduced costs. CMC is costlier than AMC because it includes the costs of spares as well.
AMC and CMC have the following records from consumer and service provider:
AMC also stands for American Motors Corporation. American Motors Corporation (AMC) was an American automobile company. It was formed in 1954 by a merger of Nash-Kelvinator Corporation and Hudson Motor Car Company. At that time, it was the largest corporate merger in U.S. history.
AMC was a competitor of that time US Big Three, Ford, GM and Chrysler with its small cars like Rambler American, Gremlin and Pacer and muscle cars like Marlin, AMX and Javelin, and early 4-wheel-drive variants including the Concord and Eagle.
In 1979, Renault acquired a major interest in AMC and the company was ultimately acquired by Chrysler.