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Automotive Evolution

In: Business and Management

Submitted By joshuacampbell70
Words 878
Pages 4
Automotive Evolution Report The automotive industry has grown tremendously over the past 50 years. Vehicle technological advancements, manufacturing process improvements, and supply chain efforts have all significantly improved. 50 years ago the American automotive market was predominantly domestic built vehicles, and foreign automakers scarcely had an impact; which has dramatically changed today. The first modern automobile was created in Germany in the year 1886 (Davis). Production methods were insufficient at the time making the vehicle unaffordable for any potential middle class consumer. Henry Ford greatly contributed to the creation of the first moving assembly line, expanded upon and utilized today (Davis). Starting with the Model T, Ford went on to continue producing vehicle and manufacturing improvements making automobile manufacturing efficient and profitable. Approximately 50 years ago the automotive industry evolved into an oligopoly dominated by three firms; known today as Ford, General Motors, and Chrysler (Davis). This oligopoly created in the automotive industry is largely due to technological advancements, process improvements, and strategic acquisitions of the more competitive firms. Today the automotive assembly plant is similar from when it started out in the early 1900s; with additional improvements and advancements. Products still come down the assembly line to individual workers who perform specific tasks. Today many assembly line tasks are performed by large robotic transport chains that take the vehicle through the entire manufacturing process. Automotive manufactures use similar frames and parts for a number of their vehicles, referred to as platform sharing, to cut down on transition costs and improve the speed each plant can produce vehicles along with minimizing the raw materials and waste used to create the previous variety of…...

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