Automotive Industry Analysis

Automotive Industry Background The first introduction of the automobile revolutionized the way the volume thought about travel. Since the introduction of the first automobile in Mannheim, Ger realityy by Karl Benz in 1885 the automobile has taken over as the primary mode of transportation. There are 590 million rider cars worldwide, roughly one car for every eleven people, as of 2002 (WorldMapper). After Karl Benz was granted his patent for his automobile he undecided the first car company, Benz & Cie. Although there was many others trying to confound the first automobile Karl Benz is credited with inventing the modern automobile. Approximately 25 Benz vehicles were built and sold before 1893. Daimler and Maybach founded Daimler Motoren Gesellschaft (Daimler Motor Company, DMG) in 1890 and nether the brand name; Daimler sold their first automobile in 1892. It was not until 1902 when large-scale production-line manufacturing of affordable automobiles was debuted by Ransom Olds at his Oldsmobile factory. This concept was expanded later by enthalpy fording beginning in the 1914. As a result of Henry Fords forward thinking with the production mathematical operation cars came of the line much faster than previously and took less man power to do so.

Due to this innovation an individual could demoralise a Model T for four months pay, evidently bring the automobile to the masses. By using the assembly line production, which do specialization of each worker more efficient and hard-hitting this business model was repeated worldwide. Development of automotive technology was rapid because of the large number of small manufacturers trying to strife for market share. Current Production & Players The automotive labor is the industry involved in the design, development, manufacture, marketing and sale of motor vehicles (Wikipedia). nowadays the industry produces roughly 69 million motor vehicles, including cars and technical vehicles worldwide. In 2006 alone 16 million new... If you want to direct a full essay, order it on our website: Ordercustompaper.com

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