Overview of Automotive Industry Analysis

Henry Ford built the first car in 1896 (Gale, 2003). He then revolutionized the industry with the invention of the assembly line. The assembly line allowed him to mass produce the cars making them more affordable to the consumers.

Political

Laws and government regulations have affected this industry since the 1960’s. Almost all of the regulations come from consumers increasing concerns for the environment and the concern for safer automobiles. The first safety act passed by Congress was in 1966 and was called the National Traffic and Motor Vehicle Safety Act (Gale, 2004). This act forced manufacturers to improve the safety for the passengers, the driver visibility, and the braking of the car. It also stated that manufacturers had to inform the public when it had a recall on the cars. The motivation for the passing of this safety act was Ralph Nadar’s 1965 novel Unsafe at Any Speed: The Designed-in Dangers of the American......

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Title: Overview Of Automotive Industry Analysis
Approximate Word Count: 1949
Approximate Pages: 8 (250 words per double-spaced page)

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