The Automobile Industry Of The American Industry

The automobile began as a rich man’s toy, and in today’s society almost every single person owns one of these miraculous inventions. After the automobile became more popular, society has evolved around it, creating highways and fast food chains. The automobile has revised from a bare invention, such as the horseless carriage, to now technologically advanced motor vehicles with bluetooth and wireless internet. Since the beginning age of the automobile in 1885, the invention has advanced, prospered, and changed society throughout the world.

The concept of the automobile was first started in England during Industrial Revolution in the Eighteenth Century. The automobiles were powered by steam engine. Later on, inventors like Henry Ford began thinking further ahead about gasoline engine to produce powerful cars because steam engine cars were not enjoyable because it takes almost ten to twenty minutes to heat up the engine before driving. On June 16, 1903 Henry Ford started the ford motor company (Wikipedia). Almost 500,000 workers were employed in the automobile industry (Nick). Following this many Americans found job opportunities to make their life better in other hand they help the economy and expedite the growth of the country. Soon Ford motor company produced automobiles that were affordable like the Model-T. ”By 1927 the Ford Motor Company had sold over 15.5 million Model Ts in the United States.” (My Life and Work 560). “Nearly half of all American families owned a car in 1929” (561). According to this cars become big part of American's life. Families can go visit family or friend living farther away. Workers drive their automobile to workplace and arrive on time. Overall automotives boost up the productivity and efficiency which led American people to live cozy life, besides give them more time to entertain and refresh

The first automobile was made useful in France and Germany in the late 1800’s. America’s industry of automobile started in the early 1990’s. Henry ford had a big production that was used everywhere and made America’s production well known in the world. Retrieved from http://www.academia.edu/11430673/Environmental_Challenges_Facing_the_American_Auto_Industry

The automobile was actually officially invented in 1885 by Karl Benz, in Germany, the United States perfected and dominated the automobile industry starting with Charles Edgar Duryea and his brother Frank Duryea. Together, they brought the United States’ first automobile in 1893. At the time, the incredibly new and innovative creation of the automobile was quite remarkably on of the most impressive inventions to the American people at the time. What this particular technological advancement did for the American Industrial Revolution was create convenience and sparked interest. The American people at this day of age had to constantly commute either by simply just walking or by stagecoaches. But then, America was introduced with an alternative solution for transportation. With such an advancement of technology, the first automobile was strongly affected the American Industrial Revolution, because it continued forward with a man named Henry Ford. Ford was the founder of Ford Motor Company, which was able to mass produce this amazingly revolutionary contraption, that would significantly affect the American people’s everyday lives. Henry Ford did not only just bring the United States the first mass produced automobile, he also introduced the assembly line that would change many companies forever. The assembly

Since the twentieth century, America has dominated the car industry business. Automobiles have made a major influence in the society and the economy of America ever since. Especially when Henry Ford, founder of Ford Motor Company, developed two of his inventions, Model T and Model A, flourished into a big success around the 1900’s. Nonetheless, the culture we live in today is influenced tremendously by the advanced technology we created, and it grants industries new opportunities that may evolve the automobile business as we know it.

What is business ethics? It is formally defined as the critical, structured examination of how people & institutions should behave in the world of commerce. Specifically, it examines self-interest and profits, versus moral values and ethics. The Ford Pinto was a new stylish car, which gave Ford an ultimatum.

If someone asks, “What was the first American car?” Many would answer, “Ford’s Model-T.” However, Henry Ford had been manufacturing cars for over a decade before the introduction of the Model-T. The first American car was most likely the Baushke "Autymobile" built in 1894. During that time period there was a boom in start-up manufactures of the new “Horseless Carriage” machines, everybody in the coach and bicycle industry was jumping at the chance to build one. Dozens of manufactures came and went, but a few of those early start-ups still exist today.

Given the current economic climate, I think the automotive industry is going to be faced with a multitude of economic challenges in the next five years. As an oligopoly market, the auto industry is highly dependent on strategic decision-making, and the demand for dynamic innovation and supply at decreased-cost levels. Competition, possibilities of turning substitutes into compliments, and shifts toward higher demand in services are seemingly leading factors that face the current automotive industry in the immediate future. But first, we should not ignore the political forces at play within the market.

In 1769, the first automobile, a steam-powered carriage that would carry up to four people at two miles per hour, was created. Years pass as gasoline engines, wheels, and a steering device were added to the automobile, which began to make it useful but expensive (“The Invention of Automobiles”). They were hand-crafted at this time, therefore making it unaffordable. Until Henry Ford introduced the assembly line in 1913, automobiles remained expensive. His discovery of the assembly line turned the hand-crafted machines to mass-produced automobiles. Since automobiles were being mass-produced, the cost for assembling a single car dropped low enough for it to be affordable to many families (“The Invention of Automobiles”).

The blueprints for modern cars were perfected by the Germans and the French in the late 1800’s. In the first part of the 1900’s Americans dominated the industry. A man by the name of Henry Ford created mass-production techniques that became standard for three companies. Those three companies were Ford, General Motors, and Chrysler. They were the biggest companies by the 1920s. During World War II and afterward car production by the Europeans and Japanese soared.

The automobile industry has brought the United States economic growth due to the impact that automobiles have made on society. There has been a plethora of jobs associated with the auto industry, including manufacturing, auto repairs, insurance, and the development of roads, sales, and auto parts to enhance vehicles. Cars, trucks, and SUVs’ have become a way of life for people and have made an additional economic impact by becoming the primary means of transportation for consumers to commute to and from work, vacations, and travel between destinations. Most family households live on a budget and they must make the decision of how much of their budget they can allocate to transportation costs.

Today in America the automobile is a big part of our everyday lives and has been for many years. The automobile represents freedom, and has been the main economy builder in America. The automobile needs to stay the central part of American lives.

The automobile industry has influenced the US society in many aspects. The automotive production on commercial scale started in Europe in 1890’s. At this time, they were only able to produce a few numbers of cars in the market. When the automobile industry started in the US, cars were considered as toys for rich. From 1904 to 1908, about 241 auto-manufacturing firms went into business. One of these firms was Ford Motor Company, led by Henry Ford, which outpaced its competitors in a very short time. After Ford Model N success in the market, Henry Ford was encouraged to introduce his Model T car to the market; after several failed product lines. As a result of its durability and price, Henry Ford innovated one of the most important innovations

The automotive industry designs, develops, manufactures, markets and sells motor vehicles, and is one of the world’s most important economic divisions by profits. This analysis focuses on the industry, specifically, manufacturers of automobiles. There are five competitors in the StratSim environment: Firm A, B, C, D, and E. Industry sales in the most recent year were 4.3 million units, with expected growth in the next year. Within this industry, there are seven-vehicle classes: Economy, Family, Luxury, Sports, Minivan, Truck, and Utility. There are two new classes with potential – if properly marketed.

challenges, however, are the most difficult ones to face and overcome. Some environmental issues that