Ford Company / Essays / Economics / ID: 384836

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ID number:384836

Author: Anonymous author (6)

Evaluation:

Published: 21.12.2003.

Language: English

Level: Secondary school

Literature: n/a

References: Not used

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Ford Motor Company
Industry Analysis The automobile industry began with Henry Ford's production of the Model T in the early 1900's. With the creation of the assembly line, cars became cheaper and quicker to produce, thus making them affordable for many people. There were originally 500 auto manufacturers. By 1908, there were only 200; and in 1917 only 23 remained. This vast reduction was due to large amounts of consolidation within the industry. Currently, the major competitors within the industry are Ford, DaimlerChrylser, General Motors (GM), Honda, Toyota, and Volkswagen. …

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