US Automotive Industry Statistics: Trends and Facts to Make the Right Strategic Business Decisions
A pioneer in the automotive industry, the USA was the first country in the world to have created a market for vehicle mass production and sales. Riding high on the dawn of manufacturing, the USA successfully established an automotive industry heavily reliant on efficiency and greater use of machine parts. With standardized mechanical tools having interchangeable parts, the American automotive sector allowed and amplified the manufacturing of goods at a faster pace. Owing to this, the manufacturing of automobiles became cheaper, quicker, and more manageable as workers no longer had to learn complex styles. Instead, they just had to operate machines. The outcome of this ground-breaking American manufacturing system was rapid growth in the automotive industry, next to none!
