Automotive Industry Analysis

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'The automotive industry is a wide range of companies and industries involved in the design, development, manufacturing, marketing and selling of motor vehicles. It is one of the world's most important economic sectors by revenue. The automotive industry does not include industries dedicated to the maintenance of automobiles following delivery to the end user, such as automobile repair shops.' (Wikipedia). For Generations upon Generations humankind have been trying to come up with ways to make life easier. The automobile is true evidence of such. According to Lauren Cox livescience.com, Karl Benz was get the credit for inventing the ultimate automobile because his car was the first practical used gasoline-powered internal-combustion engine …show more content…
People are excited to see what's next and what's new. Today, one is judged by what type of vehicle which one drives. Seeing a lady behind the wheel of a minivan, one would easily come to conclusions that she is a soccer mom. Or seeing a man behind the wheels of a convertible, one would say that he is wealthy. The stereo typing that has been set by the dealerships have all been accepted by consumers. According to the article written by Jeff Bennet, Joseph B White and Christina Rogers, 'American consumers are purchasing new cars and trucks at the strongest pace in years, offsetting car market' s troubles elsewhere and leading the biggest US auto maker to forecast fat profits ahead. ' This is a total turnaround as to how the automobile business began, where Karl Benz' s wife had to drive through the community to convince people that automobiles were …show more content…
That same year we saw the passage of the 1970 Amendments to the Clean Air Act, the first really dramatic assertion by the federal government in the environmental Arena.' (resources for the future. Com). We are most conscious now about our environment than ever before due to global warming. The number one reason for that is the emissions from vehicles both fast and slow, both high and low. With increasing technology, the automakers are developing ways to reduce the dangerous emissions. The first electic car was invented in 1834 by Vermont blacksmith Thomas Davenport. With increasing technology, I'm sure someone will figure out how to conquer that issue at

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