The Kaiser-Frazer Corporation was an American automotive manufacturer established in 1945. Kaiser-Frazer was the creation of Henry J Kaiser and Joseph W Frazer, a well known industrialist and a highly regarded automotive executive respectively. This new company launched with two models, the Kaiser, and the Frazer. While mechanically, these two cars were very similar, the Frazer was marketed as the more upscale offering. After initial success, Kaiser-Frazer underwent various changes, most notably, the departure of Joseph Frazer in 1951, leading to a change in company's name to Kaiser Motors Corporation. Nameplates such as the Frazer Manhattan were transfered to the Kaiser, and although the company was in financial trouble, it was still able to create the Darrin, a highly regarded sports car that was unable to turn to Kaiser's fortunes. In 1955, production shifted to Argentina, with Kaiser's subsidiary Willys-Overland being the only part of the company still operating in the United States. After years of uncertainty, Kaiser sold their automotive assets to the American Motors Corporation (AMC).