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Industry analysis of the car industry
Essay specific features
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Written by:
Michael C
Date added:
September 2, 2015
Level:
University
Grade:
A
No of pages / words:
40 / 11057
Was viewed:
5901 times
Rating of current essay:
Essay content:
Henry Ford built the first car in 1896 (Gale, 2003). He then revolutionized the industry with the invention of the assembly line. The assembly line allowed him to mass produce the cars making them more affordable to the consumers.
Political
Laws and government regulations have affected this industry since the 1960’s...
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Almost all of the regulations come from consumers increasing concerns for the environment and the concern for safer automobiles. The first safety act passed by Congress was in 1966 and was called the National Traffic and Motor Vehicle Safety Act (Gale, 2004). This act forced manufacturers to improve the safety for the passengers, the driver visibility, and the braking of the car...
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