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The industry employs some 780,000 people directly – and supports millions of other jobs. It's not just production that is down. Sales of cars made by German brands are far lower than they were ...
Tailfins gave a Space Age look to cars, and along with extensive use of chrome became commonplace by the end of the decade. 1950s American automobile culture has had an enduring influence on the culture of the United States, as reflected in popular music, major trends from the 1950s and mainstream acceptance of the "hot rod" culture. The American manufacturing economy switched from producing ...
The industry was maturing in an era of rapid technological change; mass production and the benefits from economies of scale led to innovative designs and greater profits, but stiff competition between the automakers. By the end of the decade, the industry had reshaped itself into the Big Three, Studebaker, and AMC. The age of small independent ...
The Buick Y-Job, produced by Buick in 1938, was the auto industry's first concept car [3] (a model intended to show new technology or designs but not be mass-produced for sale to consumers). [4]
Now the broader classic car market, one of the largest alternative asset markets in the world, is still a little soft, Hagerty said. This follows a 3% decline in sales during Monterey Car Week ...
The 15,000 square metre surface area [10] of the building houses staff offices, a central area dedicated to meetings and workshops, the classic car sales service showroom, an exhibition celebrating the 80th anniversary of the Mirafiori plant and a selection of the company's collection of vintage cars consisting of more than 300 models [11 ...
in 2014 a Partnership between Daimler and the Ministry of Defense for the manufacture of trucks and armored cars will produce 18,000 Mercedes units annually in accordance with international quality standards applied by Mercedes at its plants around the world, while the rest of the quota will be owned by the German companies specialized in mechanical industries (MAN and Ferrostaa). [2]
Auction sales during Monterey Car Week fell 3% from last year, as a shift from older to newer cars left a pileup of unsold classics from the 1950s and 1960s.