The+Automobile+Industry

=__The__ __Automobile__ __Industry.__ =

BIRTH OF THE AUTOMOBILE INDUSTRY WHEN:1803 WHERE:Detroit, Michigan WHO:Oliver Evans WHAT:obtained the first steam carriage



__RANSOM__ __ELI__ __OLDS__ WHO: The leading car manufacturer from 1901-1904. WHAT: He built the first car called the OLDS mobile in 1901 and made a company called Olds Motor Works in Detroit. WHEN: In 1889(company) and OLDS mobile in 1901. WHY: Because people were tired of having newfangled contraptions, and horseless carriages so he made the first assembly line. HOW: He produced the first car to come into quantitys because it had low prices, stylish curved dashboards, and it was easy to assemble



HENRY FORD In 1903 on July 17 the first Ford company called Ford started. The first car was sold on July 23, 1903 made at Mack Avenue Plant in Detroit. Production begins in December of 1904. Henry Ford is one of the Fords best presidents ever. He made the Model T in 1908 and sold to the public till 1927. Then the Manufacturing is transferred to Highland Park, Michigan on January 1, 1910. Fords Model T sold more then 15 Million Cars then in 1927 Henry Ford just stopped selling it and then his reign was over. During his time he payed his workers double just so they would work for him. That got productions from 12 hours to make it to 1 hour and 33 minutes. Henry Ford was one of the worlds biggest car manufacturers.

ASSEMBLY LINE = MASS PRODUCTION Assembly line: Increased efficiency of manufacture and decreased its cost All this says is that they made cars faster and sold them for cheaper prices so the production of cars would go UP.



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THE EFFECTS OF THE AUTOMOBILE COMPANY __GOOD__ __BAD__
 * The auto industry caused the United States to have an economic BOOM!
 * His got people that were traveling to get to know each other more.
 * Every car had to have a licenses plates by 1940
 * Made more jobs available
 * The trucks caused Trains to cut down on their supplies
 * More automobile company's were made then anything
 * The requirement for rubber went up
 * The USA spent $40 billion in roads

__THE__ __INDUSTRY__ __TODAY__ Today in the auto industry it's not looking to good for them.They are bankrupt because they owe about $9 billion dollars. The government owns most of the industries today including General Motors(been in the united sates for more then 60 years).This only happened because General Motors had the worst bankrupticy in america(4th largest in america).Ford, General Motors, and Chrysler together owe more then $100 billion because they never payed back their bankers and bondholders.Today we need auto insurance in case we get in an accidence but it costs alot of money and back in the days of Henry Ford and Olds they didn't have auto insurance.Together all the auto companys owe $12 trillion dollars.

Questions:
 * 1) When did the automobile industry start?
 * 2) Who was the worlds biggest car manufacturers in the early 1900's?
 * 3) In todays industrys how much money do the auto companys owe today, and why is that?
 * 4) How do you think the bailout effected car companys?
 * 5) How did the auto company change the society today?

References
 * http://www.ideafinder.com/history/inventors/olds.htm

http://www.hfmgv.org/exhibits/fmc/chrono.asp [] [] [] http://www.ausbcomp.com/~bbott/cars/carhist.htm http://www.history.com/encyclopedia.do?articleId=201868 BY: __Cody__ __Buchanan__ AND __Erik__ __Kress __