Business Description
The automotive industry, a cornerstone of modern civilization, has continually evolved over the last century, shaping the way humans live, work, and travel. From the rudimentary horseless carriages of the 19th century to the sophisticated electric and autonomous vehicles of today, the journey of automotive innovation reflects humanity’s relentless pursuit of progress.
Early Beginnings
The automobile’s inception is often attributed to Karl Benz, who, in 1885, developed the Benz Patent-Motorwagen, a three-wheeled vehicle powered by an internal combustion engine. This invention marked the transition from horse-drawn carriages to motorized vehicles. Early automobiles were luxurious and costly, catering primarily to the wealthy. Manufacturers like Ford revolutionized the industry with the assembly line in the early 20th century, enabling mass production and affordability. The Model T, introduced in 1908, became the first car accessible to the middle class, symbolizing the democratization of transportation.
