6-2 - Tyler Liebnau page 177[Tyler...

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Tyler Liebnau page 177 [Tyler Liebnau] [Mr.Virgils ] [Computers] [Wednesday, November 07, 2007] History of the American Automobile The American automobile industry is arguably the most significant achievement of the twentieth century. This achievement has shaped American industry, the country’s landscape and culture. Many of the people responsible for the automobile industry came from America’s farms, machine shops, and bicycle and carriage shops. The Beginning (1890s–1930). The first gasoline-powered automobile was built in 1893 by two brothers who were bicycle mechanics. Their automobile was actually a converted horse carriage with a one-cylinder engine. By 1899, some 30 manufacturers had produced 2,500 automobiles, with this number soaring to 8,000 by year’s end. Fewer than one-third of these automobiles were gasoline powered; most were steam or electric powered. In 1901 the first automobile factory opened in Detroit with mass-production techniques. Soon afterward, Henry Ford founded the Ford Motor Company. It wasn’t until 5 years later that the assembly line was created. The United States had 240 automobile manufacturers by 1908 and became the world’s largest producer, with an annual output of 43,000 automobiles, a dominance that would stand for 80 years. In 1908 Ford introduced the Model T and sold more than 6,000 cars. That number increased to 10,000 the next year. Due to Ford’s solid reputation and the Model T’s low price, the car is considered the first true car for all classes of Americans. By 1912, three-quarters of all cars on the road were Model Ts, and production capacity increased to 300,000 per year.
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This note was uploaded on 10/04/2011 for the course ECON 101 taught by Professor Vladimir during the Fall '11 term at Central Mich..

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6-2 - Tyler Liebnau page 177[Tyler...

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