Automobiles have been around from as early as the 16th century and the invention cannot be attributed to any single individual. However, most historians agree that the first true automobile was constructed by Nicolas-Joseph Cugnot in 1769. Karl Benz was a pioneer in the industry with the introduction of the gasoline engine in 1885. Henry Ford revolutionized the industry with the invention of the assembly line, allowing the mass production of cars in a more efficient way.
Americans Dominated the industry in the first half of the 20th century with Ford, General Motors and Chrysler identified as the "big three" automobile companies. Europe and Japan later became more dominant in the market over the years with Japan leading production volume by 1980. As it stands today, almost every major Japanese, European and Korean automaker has produced vehicles at one or more of the U.S. assembly plants.
The global competition in today's automotive industry is very strong as there are many automakers vying for their share of the American market. Ford Motor Company and General Motors are the two top automakers in US market, with 14.7 percent and …show more content…
Technology has come a long way from steam powered cars to fully electric cars. Technology has allowed for cars to be more safe, efficient and comfortable. Many years ago, if your vehicle was stolen, you would have no chance of finding it unless someone saw it. Today, technology like OnStar will help you find your car and even shut it down the minute you miss it. New advances in airbag and sensor technology has also made cars much more safer than they were before same were implemented. Automobiles are much more fuel efficient today because of advances in technology. New innovations are introduced very often in the automotive industry and this means better and better motor vehicles as time passes
Americans Dominated the industry in the first half of the 20th century with Ford, General Motors and Chrysler identified as the "big three" automobile companies. Europe and Japan later became more dominant in the market over the years with Japan leading production volume by 1980. As it stands today, almost every major Japanese, European and Korean automaker has produced vehicles at one or more of the U.S. assembly plants.
The global competition in today's automotive industry is very strong as there are many automakers vying for their share of the American market. Ford Motor Company and General Motors are the two top automakers in US market, with 14.7 percent and …show more content…
Technology has come a long way from steam powered cars to fully electric cars. Technology has allowed for cars to be more safe, efficient and comfortable. Many years ago, if your vehicle was stolen, you would have no chance of finding it unless someone saw it. Today, technology like OnStar will help you find your car and even shut it down the minute you miss it. New advances in airbag and sensor technology has also made cars much more safer than they were before same were implemented. Automobiles are much more fuel efficient today because of advances in technology. New innovations are introduced very often in the automotive industry and this means better and better motor vehicles as time passes