(Newswire.net — August 15, 2019) — Have you ever imagined how our world would look like without cars? Yet, there was a time man lived without cars. They covered thousands of miles by walking or riding a horse. Today, the story is no longer the same. We now lived in a world where we have different types of cars. According to history, the invention of the automobile is perhaps, one of the human’s greatest invention.
The automobile industry has changed considerably since the 1920s when mass production of automobile started. However, the first automobile was invented and perfected in Germany and France back in the 1800s. Later, the United States, particularly Henry Ford started the mass production of automobiles in the 1920s. To increase productivity in the automobile industry, Henry Ford had to pay workers and an unprecedented $5 a day when other laborers were being paid just $2.
Henry Ford initiative paid off. The mass production of automobiles he started later became a standard in the industry. By 1920, over 8 million people have bought and registered a car globally. Unfortunately, the number of active automobile manufacturers dropped from 253 in 1908 to only about 44 in 1929. In 1924, a typical automobile cost about $264. By 1929, there was a car for every 5 Americans and about 100,000 gas stations throughout the United States. Automobile production during this period was majorly dominated by Ford, General Motors, and Chrysler. Together, these automobile companies were known as the “Big Three” auto companies.
Automobile Industry in the Modern World
Automobile production has gone from a mere thousand cars back in the 1920s to millions of cars per year. According to the available record, there are more than a billion motor vehicles in the used in the world at the moment. Global vehicle ownership per capita in 2010 was estimated to be 148 vehicles in operation per 1000 people.
The sale of automobiles has also soared in our modern world. Almost every family in developed countries owned at least one automobile. Every year, more than 60 million new cars are produced since 2010. The United States is still one of the key automotive markets since the early 1900s. However, other countries are catching up or even overtaking the United States. Take, for instance, 13.8 million people work in the auto industry in Europe while 1 out of every 3 cars is produced in China. However, in terms of the revenue made by these car manufacturers, Toyota, Volkswagen, and Daimler are the top 3 highest-earners in the past couple of years.
Automobile Production
Like we already mentioned above, a lot of has changed in the automobile industry since the 1900s. Today, cars are going from being powered by combustion-engines to batteries. The design and performance of cars have also witnessed significant changes since then. However, one thing that has remained constant is the use of metal casting in the production of automobiles.
Metal casting has been used in the production of automobiles since the early 1900s. As of today, castings account for more than 50% of the aluminum used in cars. Thus, it is no surprise to hear that companies such as Cirex produce a wide range of metal castings for the automotive sector.