The Development of the Automobile Industry and the Road Ahead

The automobile industry is a capital intensive industry, the players in the industry need high capital expenditure in order to maintain their market position, but the expected returns in the future is quite high. The industry analysis can be carried out under the following heads:

From the last two decades auto industry is growing more competitive. Competition from the foreign automakers like Toyota and Honda is also high. In

Machines running, hammers dropping, and drills drilling are the sounds of Henry Ford’s revolutionary assembly line. Henry Ford grew up in the late eighteenth century during the industrial revolution. There were no electric lights, only gas lamps and candles. Horses and trains were the only cost effective way of transportation for the public. When Henry Ford was a child, he saw a steam driven car on the road and was mesmerized. At this point, he knew he longed to become a mechanic that works on cars. At the age of sixteen, Henry Ford got a job as an apprentice machinist in Detroit at the Detroit Dry Dock Company. Three years later he returned to work on the family farm, and became adept at operating the

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

There’s hardly a person alive in America today that hasn’t ridden in an automobile of some sort at some point in their life. We’re all connected to each other by roads crisscrossing roads and highways all across country, and yet few people understand how we got to this point. They simply accept their magic metal box will work when they put the key in to start their car. Long ago, this country once had a great love affair with the American Automobile, and it was a turbulent, passion filled, amazing ride.

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 1920s, the basic foundation of American civilization transformed into a new society. It was famously known as “The Jazz Age,” or “The roaring Twenties.” the booming economy, most of the Americans income rose, which resulted in higher standard of living, along with the escalation of consumer expenditure. The automobile industry was the backbone of 1920s economy, Henry Ford implication of mass production, and standardization boost the industry, making all the car basically similar with mass production. This innovation made cars more affordable for most of the Americans, in fact, "Annual automobile production tripled during the 1920s, from 1.2 to 4.8 million"(GML, 820). Growth of automobile industry engendered magnification of " steel, rubber, and oil production, road construction, and other sectors of the economy. It promoted tourism and the growth of suburbs and helped reduced rural isolation"(GML,820).

Southern California's growth began in the early twenty century because of the oil, automobile, and motion picture industry. Oil was already discovered in California but it's biggest boom didn't happen until the 1890s when it was discovered in Los Angeles. There were so much oil that oil wells began to pop up in peoples' backyards and the barrels were full of oil. For example, Edward Doheny and Charles Canfield's oil wells were filling up 700,000 barrels for the year of 1895 (pg. 292; p. 7). Then, Henry Ford's Model-T arrived in San Francisco and it jump-started the automobile revolution in the state. As a result, the Automobile Club of Southern California and California State Automobile Association were formed to build better roads. And finally,

While car manufacturing is a global industry, automotive companies such as JLR operate in broader regions such as Europe and Asia. Three major trends were identified affecting car production in mature markets, the first was the fragmentation of mature markets, customers were demanding more choice, and this has made it difficult for manufacturers to obtain economies of scale, so cost had to be reduced and with the general

The major contributors to climate change so far had been the Industrial Revolution and the invention and wide-spread use of the gasoline powered automobile. The world had now become industrialized and new technologies were constantly being invented. The next big event to come from this happened soon after 1945. After the end of World War II in 1945 the world’s economy started to recover. This sent industrial production into overdrive. The automobile industry quadrupled and major corporations became bigger than ever before (Jeffries). The United States had begun to feel the effects of industrialization in the 18th century, but at the end of World War II the economy was beginning to pick up sending the United States into another period of industrialization. The burning of all this coal and oil put pollution into the atmosphere, partially blocking the sun’s rays. This effect caused the years 1940-1970 to get cooler, leading some to speculate that the world was heading toward a new ice age (Jeffries). But in the 1970’s the earth started getting warmer again, and the phrase “global warming” was now used in some research papers (Jeffries).

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.

The industrial Revolution began in the late 1700s manufacturing was often done people’s home using hand tools or basic machines to make progress in their equipment that they were making. The industrialization marked a shift to powered, special-purpose machinery, factories and mass production and big projects for the contractors. My industrial revolution that I chose is the first ever race car built by the Mclaren Automotive company and it was called the the first McLaren F1 car the M2B and it debuted in the Monaco Grand Prix. Mclaren won their race in the car that they built which was the M2B. Bruce Mclaren was the person who founded the well known automotive company called Mclaren. The Mclaren F1 race car was invented in a factory in Colnbrook

Any time a revolutionary new technology is introduced, a period of plethoric propagation follows. It was no different during the rise of automobiles in the embryonic Twentieth Century. Up until October 24th, 1929 (Black Thursday (the stock Market Crash)), the only thing standing between an engineer and an automaker; was creativity, talent and drive.

Read the 'Management At Work' case on pages 146-147 about the auto industry.  Complete the Case Questions #1-3.  Research Fiat and Chrysler on the Internet and write an update on current events in those companies.

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