It took a number of nationwide and worldwide designers and engineers to create the self-propelled land/ street machine we drive as we speak. Product and operation exams and inspections at different phases of the value chain are made to avoid these product remembers by ensuring finish-user safety and security and compliance with the automotive industry requirements.
It will put them in a stronger place to retain a share of the globally rising automotive income and profit pool, together with new business fashions reminiscent of on-line sales and mobility providers, and cross-fertilizing the opportunities between the core automotive-enterprise and new mobility-enterprise fashions.
Overall, I need to conclude that this industry is unattractive, the opponents are big and are nearly unattainable to compete with, it take a lot of capital to get began, its very tough to succeed in econonomies of scale, and its even tougher to be progressive and creative at low price.
The development story of the Indian automobile industry cannot be complete with out mentioning the Pioneer Mr. J.R.D Tata’s role in establishing the Tata group with high standard Engineering Analysis Centre (ERC) in 1965 to facilitate technological development.
The automotive business began within the United States in 1893 when brothers Charles and Frank Duryea established the Duryea Motor Firm, and by 1896 had bought 13 fashions of the Duryea, an expensive limousine, which remained in production into the Twenties” (, 2011).