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. A few United States (US) manufacturers produce 23% of the world;s vehicles while Japan are responsible for 21%. The tendency for the industry is to be a global producer of automobiles; parts can be made throughout the world and assembled in many different places. The trend of consolidation has continued throughout today. Presently, this is evident in the recent acquisition of Chrysler by Daimler-Benz in late 1998!.
, thus forming Daimler-Chrylser. These consolidations have proved beneficial to consumers since companies have been able to reduce costs and pass those savings on to the customers. Some of the other major examples of consolidation are Nissan selling off a controlling 37% interest to Renault; General Motor;s 49% ownership of Isuzu; and Ford;s 33% majority of Mazda. Other efforts to become more competitive have translated into the European Union dropping trade barriers and European carmakers employing cost reducing efforts. American manufacturers have seen 2-3% growth over the last few years. Some current trends are the explosion in popularity of the Sport Utility Vehicle (SUV) and big luxury vehicles. In the future the global car market is full of potential. There are currently 44 million vehicles and by the year 2002 experts estimate that number will grow to 64 million. That growth is not expected to be in the US, rather in countries such as: China, India, The Pacific Rim, Sou!.
Henry Ford founded the Ford Motor company in 1903. ... This new Fordism changed the economic word drastically. ... It is because of fordism that the world grew. ... Fordism can be seen to be a general pattern of social organization. ... Although Henry Ford stated up with this idea of factory work it created this whole concept of fordism, people were earning m...
Ford's Challenge Although the direct business model of Dell is most attractive, there are several key differences between the computer and auto industries which serve as barriers to Ford"s implementation of uniform, supply chain virtual integration. Ford must tackle many diverse obstacles that were, simply, not a factor with Dell"s implementation. ... Thus, the flexibility of Ford's chain of supply is vastly compromised. ... The dealer segment of Ford's supply chain has been completely omitted in Dell's business model. ... By the very nature of Ford"s tier network, "tier o...
Ford found a job in a machine shop. ... By August 1899, Ford had raised enough money to start his own company, the Ford Motor Company. ... Ford allowed his only child Edsel to be president of the Ford Motor Company in 1919, but strictly remained in control of the company (World Book Encyclopedia: Henry Ford). ... In the 1930s Ford opposed Franklin D. ... Ford had a stroke in 1938 but returned to run the company and resume the presidency after his son, Edsel Ford, died in 1943 (World Book Encyclopedia: Henry Ford). ...
His name was Henry Ford. ... Edsel Ford became president of the Ford Motor Company factory in 1919. ... Edsel Ford, Henry and Clara Ford's only son dies in 1943. ... Now today, many people drive Ford automobiles because of Henry Ford. ... It is good that Henry Ford invented the Ford Automobiles. ...
Ford was afraid of the nation's ability move into the technological future without losing the values of Ford's past. ... On one hand Ford looked forward to the future; one the other hand Ford looked backward to his traditional values. Ford fretted the morality of the jazz age. ... Ford also had genuine love for the outdoors. ... Ford had a reputation as a forward-looking inventor, yet Ford idolized the values of the past. ...
Henry Ford was born on July 30, 1863. He was the son of William and Mary Ford. ... In 1903, Ford formed the Ford Motor Company and produced an automobile he was ready to market. ... The problems Ford Motor Company had were due to Ford's stubborn and authoritarian management style. ... Ford resumed his son's presidency in 1943. ...
Henry Ford Henry Ford was one of the most important and influential inventors and businessmen in the short history of America. ... Ford was born on July 30, in the year of 1863; Henry Ford was the oldest child of the family. ... Ford, not discouraged, took up to it again with the Henry Ford Company, founded around November of 1901. ... Ford was too determined to let a few bumps in the road stop him and he created the Ford Motor Company in 1903. ... Henry Ford died on April 7, 1947. ...
Ford is known by many as the man who invented the automobile. ... Ford realized that being so inefficient could not yield the low-priced automobiles he envisioned; so Ford and his team came up with the assembly line. ... Ford was right. ... Not only was Ford a businessman, he was a philosopher. ... Ford did not simply help make the automobile affordable. ...
Henry Ford was a very controversial person in American history. ... Henry Ford was born in Dearborn Michigan. ... Henry Ford's motor company, simply called the "Ford Motor Company-, was incorporated in 1903. ... Ford's book. Ford was a very interesting man. ...
