By James M. Rubenstein
The motorized vehicle is likely one of the worlds biggest. greater than 1 billion autos are in use world wide, and eighty million are produced and offered every year. Motor vehicles--including passenger vehicles, vans, and advertisement automobiles equivalent to buses and taxis--are the crucial ability during which humans and items are transported inside of and among such a lot groups on the earth. The motorcar comprises organizations that layout, boost, and manufacture vehicles and vans. those carmakers, resembling Ford and Toyota, are one of the world's most-familiar company manufacturers. The motorcar additionally encompasses much less famous companies; together with a number of thousand components makers, tens of hundreds of thousands of shops, and really expert lending companies. the significance of the motorcar transcends even its imperative position within the international financial system. The used to be answerable for a number of the primary strategies of twentieth-century construction, resembling company association, production strategies, and hard work kinfolk, in addition to revenues techniques, akin to product branding and buyer financing. within the twenty-first century, the motorized vehicle has been a pace-setter in adopting new creation ideas and increasing into new markets. This ebook will conceal the heritage, operations and production approaches, association, provide chain, key opponents, marketplace and ultra-market forces, rules, fresh concepts and demanding situations, and the way forward for the
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Extra info for A profile of the automobile and motor vehicle industry : innovation, transformation, globalization
Charles H. Black (1852–1918) mounted a Benz engine on a carriage and drove it in Indianapolis in 1891. He may have been the first person in the country to be issued a driver’s license in Chicago and the first to have paid a claim after causing an accident, both in 1892. • Elwood P. Haynes (1857–1925) is cited by the Encyclopaedia Britannica and the Smithsonian Institution as the second to build and successfully road test a gasoline-powered vehicle in the United States—in Kokomo, Indiana, in 1894—but the first to build a vehicle powered solely by gas rather than capable of also being hitched to a horse.
Chrysler acquired American Motors (AMC) from Renault in 1987. AMC was formed in 1954 through the acquisition of Hudson Motor Car Company by Nash-Kelvinator Corporation. In 1916, Charles P. Nash (1864–1948), a former GM president, acquired the Thomas B. Jeffery Company, a nineteenth-century bicycle manufacturer in Kenosha, Wisconsin, that started to assemble cars in 1902. Hudson had been established in Detroit in 1909 by Roy D. Chapin Sr. (1880–1936); the carmaker was named for its principal financial backer, Joseph L.
Fiat/Chrysler Fiat, an acronym for Fabbrica Italiana Automobili Torino, was founded in 1899 under the leadership of Giovanni Agnelli (1866–1945). The Agnelli family has remained in control of Fiat for most of its century-plus existence, either through direct management of the firm or indirectly through a family-owned holding company. Giovanni Agnelli’s great-great-grandson John Elkann became chairman in 2010. Fiat emerged early in the 20th century as Italy’s leading carmaker, primarily by focusing on highvolume, mass-produced, low-priced cars.
A profile of the automobile and motor vehicle industry : innovation, transformation, globalization by James M. Rubenstein