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Automotive Industry
The automotive industry comprises a wide range of company, companies and organizations involved in the design, Business development, development, manufacturing, marketing, selling, Maintenance, repairing, and Custom car, modification of motor vehicles. It is one of the world's largest industry (economics), industries by revenue (from 16% such as in France up to 40% in countries such as Slovakia). The word ''automotive'' comes from the Greek language, Greek ''autos'' (self), and Latin ''motivus'' (of motion), referring to any form of self-powered vehicle. This term, as proposed by Elmer Ambrose Sperry, Elmer Sperry (1860–1930), first came into use to describe automobiles in 1898. History The automotive industry began in the 1860s with hundreds of manufacturers pioneering the Brass Era car, horseless carriage. Early car manufacturing involved manual assembly by a human worker. The process evolved from engineers working on a stationary car to a conveyor belt system where the ...
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Motion
In physics, motion is when an object changes its position with respect to a reference point in a given time. Motion is mathematically described in terms of displacement, distance, velocity, acceleration, speed, and frame of reference to an observer, measuring the change in position of the body relative to that frame with a change in time. The branch of physics describing the motion of objects without reference to their cause is called ''kinematics'', while the branch studying forces and their effect on motion is called '' dynamics''. If an object is not in motion relative to a given frame of reference, it is said to be ''at rest'', ''motionless'', ''immobile'', '' stationary'', or to have a constant or time-invariant position with reference to its surroundings. Modern physics holds that, as there is no absolute frame of reference, Isaac Newton's concept of '' absolute motion'' cannot be determined. Everything in the universe can be considered to be in motion. Motion applie ...
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IIHS Hyundai Tucson Crash Test
The Insurance Institute for Highway Safety and Highway Loss Data Institute (IIHS-HLDI) is an American nonprofit organization. It was established in 1959, and it is noted for its safety reviews of vehicles in various simulated traffic situations, including the effectiveness of a vehicle's structural integrity and safety systems during a collision, in addition to examining improvement on such elements. History The IIHS was founded in 1959 by three separate insurance groups—the Association of Casualty and Surety Companies, the National Association of Automotive Mutual Insurance Companies, and the National Association of Independent Insurers—as a supporting entity to other academic and research organizations involving highway safety. Russell Brown served as the inaugural president of the IIHS until 1968, when its board of governors changed the IIHS to an independent scientific organization. The following year, Physician William Haddon Jr. assumed the position of IIHS president ...
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Automotive Industry In China
The automotive industry in mainland China has been the List of countries by motor vehicle production, largest in the world measured by automobile unit production since 2008. , mainland China is also the world's largest automobile market both in terms of sales and Car ownership, ownership. The Chinese automotive industry has seen significant developments and transformations over the years. While the period from 1949 to 1980 witnessed slow progress in the industry due to restricted competition and political instability during the Cultural Revolution, the landscape started to shift during the Chinese economic reform period that started in the late 1970s, especially after the Government of China, government's seventh five-year plan between 1986 and 1990 prioritized the domestic automobile manufacturing sector. Foreign investment in China, Foreign investment and joint ventures played a crucial role in attracting foreign technology and capital into China. American Motors Corporation ...
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Automotive Industry In Japan
The automotive industry in Japan is one of the most prominent and largest industries in the world. Japan has been in the top three of the List of countries by motor vehicle production, countries with the most cars manufactured since the 1960s, surpassing Germany. The automotive industry in Japan rapidly increased from the 1970s to the 1990s (when it was oriented both for domestic use and worldwide export) and in the 1980s and 1990s, overtook the U.S. as the production leader with up to 13 million cars per year manufactured and significant exports. After massive ramp-up by China in the 2000s and fluctuating U.S. output, Japan is currently the third largest automotive producer in the world with an annual production of 9.9 million automobiles in 2012. Japanese investments helped grow the auto industry in many countries throughout the last few decades. Japanese business conglomerates began building their first automobiles in the middle to late 1910s. The companies went about thi ...
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Great Depression
The Great Depression was a severe global economic downturn from 1929 to 1939. The period was characterized by high rates of unemployment and poverty, drastic reductions in industrial production and international trade, and widespread bank and business failures around the world. The economic contagion began in 1929 in the United States, the largest economy in the world, with the devastating Wall Street stock market crash of October 1929 often considered the beginning of the Depression. Among the countries with the most unemployed were the U.S., the United Kingdom, and Weimar Republic, Germany. The Depression was preceded by a period of industrial growth and social development known as the "Roaring Twenties". Much of the profit generated by the boom was invested in speculation, such as on the stock market, contributing to growing Wealth inequality in the United States, wealth inequality. Banks were subject to laissez-faire, minimal regulation, resulting in loose lending and wides ...
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Chrysler
FCA US, LLC, Trade name, doing business as Stellantis North America and known historically as Chrysler ( ), is one of the "Big Three (automobile manufacturers), Big Three" automobile manufacturers in the United States, headquartered in Auburn Hills, Michigan. It is the American subsidiary of the multinational automotive company Stellantis. Stellantis North America sells vehicles worldwide under the Chrysler (brand), Chrysler, Dodge, Jeep, and Ram Trucks nameplates. It also includes Mopar, its automotive parts and accessories division, and Street and Racing Technology, SRT, its performance automobile division. The division also distributes Alfa Romeo, Fiat, and Maserati vehicles in North America. The original Chrysler Corporation was founded in 1925 by Walter Chrysler from the remains of the Maxwell Motor Company. In 1998, it merged with Daimler AG, Daimler-Benz, which renamed itself DaimlerChrysler but in 2007 sold off its Chrysler stake. The company operated as Chrysler LLC thr ...
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Ford Motor Company
Ford Motor Company (commonly known as Ford) is an American multinational corporation, multinational automobile manufacturer headquartered in Dearborn, Michigan, United States. It was founded by Henry Ford and incorporated on June 16, 1903. The company sells automobiles and commercial vehicles under the List of Ford vehicles, Ford brand, and luxury cars under its Lincoln Motor Company, Lincoln brand. The company is listed on the New York Stock Exchange under the single-letter ticker symbol F and is controlled by the Ford family (Michigan), Ford family. They have minority ownership but a plurality of the voting power. Ford introduced methods for large-scale manufacturing of cars and large-scale management of an industrial workforce using elaborately engineered manufacturing sequences typified by moving assembly lines. By 1914, these methods were known around the world as Fordism. Ford's former British subsidiaries Jaguar Cars, Jaguar and Land Rover, acquired in 1989 and 2000, r ...
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General Motors
General Motors Company (GM) is an American Multinational corporation, multinational Automotive industry, automotive manufacturing company headquartered in Detroit, Michigan, United States. The company is most known for owning and manufacturing four automobile brands: Chevrolet, Buick, GMC (marque), GMC, and Cadillac, each a separate division of GM. By total sales, it has continuously been the largest automaker in the United States, and was the List of manufacturers by motor vehicle production, largest in the world for 77 years before losing the top spot to Toyota in 2008. General Motors operates manufacturing plants in eight countries. In addition to its four core brands, GM also holds interests in Chinese brands Baojun and SAIC-GM-Wuling, Wuling via SAIC-GM-Wuling, SAIC-GM-Wuling Automobile. GM further owns GM Defense, a namesake defense vehicles division which produces military vehicles for the United States government and military, the vehicle safety, security, and information ...
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Big Three (automobile Manufacturers)
In the Automotive industry in the United States, United States automotive industry, the term ''Big Three'' is used for the country's three largest motor vehicle manufacturers, especially indicating companies that sell under multiple brand names. The term originated in the United States, where General Motors was the first to form a large, multi-brand, motor-vehicle corporation (in the 1910s), followed by the Ford Motor Company, and the Chrysler, Chrysler Corporation, all before World War II. The term ''Big Three'' has since been sometimes used to refer to the following automakers: * United States — General Motors, Ford Motor Company, Ford, and Stellantis (historically Chrysler) * Germany — the Volkswagen Group, the Mercedes-Benz Group, and BMW * Japan — Toyota, Honda, and Nissan * South Korea — Hyundai Motor Company, Kia Corporation, and GM Korea * India — Mahindra & Mahindra, Mahindra, Maruti Suzuki, and Tata Motors * China — BYD Auto, Geely Auto, and Great Wall Mot ...
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Automotive Industry In The United States
In the United States, the automotive industry began in the 1890s and, as a result of the size of the domestic market and the use of mass production, rapidly evolved into the largest in the world. The United States was the first country in the world to have a mass market for vehicle production and sales and is a pioneer of the automotive industry and mass market production process. During the 20th century, global competitors emerged, especially in the second half of the century primarily across European and Asian markets, such as Germany, France, Italy, Japan and South Korea. The U.S. is currently second among the List of countries by motor vehicle production, largest manufacturers in the world by volume. By value, the U.S. was the world's largest importer and fourth-largest exporter of cars in 2023. American manufacturers produce approximately 10 million units annually. Notable exceptions were 5.7 million automobiles manufactured in 2009 (due to Effects of the 2008–10 aut ...
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Brass Era Car
The Brass Era is an American term for the early period of automotive manufacturing, named for the prominent brass fittings used during this time for such features as lights and radiators. It is generally considered to encompass 1896 through 1915, a time when cars were often referred to as horseless carriages. Elsewhere in the world, this period would be considered by antique car enthusiasts to consist of the veteran (pre-1904), and Edwardian eras, although these terms are really not meaningful outside the former British Empire. Overview Early automakers turned to brass for their vehicles for both its looks and function. It held up well against tarnishing and bad weather, but required regular polishing to maintain its appearance. Though the automobile was invented a few years before the start of the Brass Era, the 20 years that make up this era represent the beginning of the automotive industry. It was a period of small-scale manufacturing, experimental designs, and alternat ...
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