By James M. Rubenstein
The motorcar is without doubt one of the worlds greatest. greater than 1 billion cars are in use around the globe, and eighty million are produced and bought each year. Motor vehicles--including passenger vehicles, vehicles, and advertisement cars reminiscent of buses and taxis--are the crucial skill through which humans and items are transported inside and among so much groups on this planet. The motorized vehicle contains businesses that layout, advance, and manufacture vehicles and vans. those carmakers, resembling Ford and Toyota, are one of the world's most-familiar company manufacturers. The motorcar additionally encompasses much less recognized companies; together with numerous thousand elements makers, tens of hundreds of thousands of outlets, and really expert lending firms. the significance of the motorized vehicle transcends even its crucial position within the international economic system. The was once accountable for a few of the primary recommendations of twentieth-century construction, comparable to company association, production tactics, and exertions kin, in addition to revenues ideas, resembling product branding and client financing. within the twenty-first century, the motorcar has been a pace-setter in adopting new creation suggestions and increasing into new markets. This e-book will hide the historical past, operations and production methods, association, provide chain, key rivals, marketplace and ultra-market forces, law, fresh concepts and demanding situations, and the way forward for the
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Extra info for A profile of the automobile and motor vehicle industry : innovation, transformation, globalization
Since then, the company has been owned by individual and corporate shareholders, without Honda family involvement. The largest shareholder, with 7% of shares, is the Japan Trustee Services Bank. Hyundai Motor Group Hyundai is the newcomer and fastest growing among the top 10 carmakers. The other leading carmakers trace their roots to the 19th or early 20th centuries, but Hyundai only began making cars in 1967, originally assembling Ford cars for the Korean market. The first Hyundai-designed car was not built until 1974.
History of Motor Vehicle Operations Nineteenth-century enthusiasts struggled with what to name the new machine. The titles of leading 19th century magazines, such as Motor Age and The Horseless Age, reflected the uncertainty. • “Automobile” was constructed in the United States from the French for self and moving. French, in turn, got the word from the Greek autos and the Latin mobilis. ” • “Car” comes to the English language through the Celtic karros and ultimately from the Latin carrum, meaning wheeled vehicle.
Truck” may have been derived from the Greek word trochos, which means wheel. Before the invention of motor vehicles, “truck” referred to a wheeled vehicle suitable for carrying a heavy load. ” The etymology of “lorry” is unknown, possibly related to a version of lurry, a once obscure and now archaic word in a British dialect meaning to pull or drag. • “Vehicle” comes from the Latin vehiculum, another word for carriage or conveyance. Operation of the Motor Vehicle Industry 21 European Pioneers The United States would become the dominant producer of motor vehicles in the early 20th century, but Europeans were responsible for designing and building the first practical motor vehicles in the 19th century.
A profile of the automobile and motor vehicle industry : innovation, transformation, globalization by James M. Rubenstein