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Automotive Industry Analysis

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After Karl Benz was granted his patent for his automobile he opened the first car company, Benz & Cie. Although there was many others trying to make the first automobile Karl Benz is credited with inventing the modern automobile. Approximately 25 Benz vehicles were built and sold before 1893. Daimler and Maybach founded Daimler Motoren Gesellschaft (Daimler Motor Company, DMG) in 1890 and under the brand name; Daimler sold their first automobile in 1892...
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Approximately 25 Benz vehicles were built and sold before 1893. Daimler and Maybach founded Daimler Motoren Gesellschaft (Daimler Motor Company, DMG) in 1890 and under the brand name; Daimler sold their first automobile in 1892. It was not until 1902 when large-scale production-line manufacturing of affordable automobiles was debuted by Ransom Olds at his Oldsmobile factory...
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