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History Of The Automotive Industry And Ford Motor Company
Part one of term paper
The automotive industry started in 1893 when Charles and Frank
Duryea designed and built the first gasoline-engine-propelled motor vehicle.
This invention opened the doors to the automotive industry. During the
next 30 years, many people tried to enter the industry, but only a few were
successful.
The Early Years
During the early ...
Part two of term paper
... speed and decreased cost. This idea of mass production
revolutionized the automobile industry. Soon all of the top auto producers
would have a assembly line of their own. The lower costs and faster
delivery meant a lower price, and the average family could afford and get
one. Ford's Model T soon became the most popular car of the time (Chandler
15).
The Great Depression
In October of 1929, America experienced a crash in the stock market
that left the thriving countr ...
Word count: 1755 | Approximate pages: 7
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