THE AMERICAN CAR-INDUSTRY

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THE AMERICAN CAR-INDUSTRY

THE AMERICAN CAR-INDUSTRY

ANSWER


American auto industry is not only one the most lucrative industries in the world but also one of the successful.  The industry has a long history spinning for more than 200 years of innovation and integration of incredible ideas. This has driven the industry beyond its tradition market confined the North America to the global market.   The industry has also supported the growth and development of the US economy to make it the greatest economy in the world. The history of the industry is long and can be traced to 1792 when Oliver Evans was given a patent right for invention of the first steam land carriage. However, this as mainly used in dredging of streams and ponds.  [1]The idea was expanded when Henry Ford was patented and in 1892 he created his first Quadricylce. It was just a mater of time when the designed the Model-T which became the first major car to be produced for commercial purpose.  Therefore we can say that Henry Ford is the father of American auto industry. His contribution has been enormous for the growth of industry especially for commercialization of the auto industry.