Near the end of the 19th century several companies dabbled with automobile manufacturing but the automobile industry didn’t really take off until the Ford Company created the first Model T from an assembly line in 1913. Assembly line manufacturing was a groundbreaking development that made automobiles affordable for consumers and allowed Ford to improve working conditions for employees while simultaneously increasing the volume of its automotive production per day.
The industry has gone through several ups and downs including effects from the 1930s Great Depression and a post-2008 Financial Crisis fallout that resulted from default carryovers. What has emerged in the 21st century is a strong auto industry led by three top manufacturers in the United States: General Motors, Ford and Chrysler.
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