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History Of The Automotive Industry And Ford Motor Company - College Essay

History Of The Automotive Industry And Ford Motor Company



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 years, every car was built entirely by hand. This
process was not only very slow, but it was very expensive. This is the
primary reason so many early innovators went out of business and the other
ones were not profitable enough to expand their business. Henry Ford
changed that when he introduced the assembly line. This both increased
production ...

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With the decline in
both disposable and discrete income, the demand for new automobiles almost
stopped. This huge decrease in demand forced major cutbacks in spending,
factories were closed, employees were laid off, and production was almost
halted. Many of the smaller plants couldn't afford to stay in business.
The United States time of prosperity had ended.

WWII

During the early 1940s, the United States as Hitler rose to power
in Germany, and our relationship with Japan grew more and more tense. When
Hitler invaded France and started the war, the United States was quick to
respond. The United States started producing many different pieces of war
equipment. The auto industry was the first to respond by reopening many of
there shut down plants and producing troop transport vehicles, tanks,
planes and just about anything else the government wanted. Under the
direction of President Roosevelt, Ford Motor Company built a huge assembly
plant in Michigan to produce B-29 ...

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felt a huge increase in the
price of gas. This marked the end of the muscle car era and the beginning
of the compact and sub-compact car era. While the big three were hurrying
to release a car with better gas mileage, Honda introduced the first
compact car in the United States. In the early 1970s, Ford introduced the
Pinto. In hurrying to get a compact car on the market, the quality people
had come to expect had been jeopardized. The Pinto was one of the most
unsafe cars ever built, and it took Ford a long time to live that mistake
down.
It wasn't until the 1980s that the big three had changed almost all
of their cars to a smaller better gas mileage type car. Ford had ...

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History Of The Automotive Industry And Ford Motor Company. (2007, April 4). Retrieved March 29, 2024, from http://www.essayworld.com/essays/History-Automotive-Industry-Ford-Motor-Company/62820
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PAPER DETAILS
Added: 4/4/2007 06:25:31 AM
Category: Economics
Type: Premium Paper
Words: 1755
Pages: 7

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