HI 6005 Research Paper: Exploring Lessons from the Automobile Sector

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Added on  2023/06/12

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This report analyzes the automobile industry, defining it as the sector involved in the manufacturing, design, marketing, and sales of vehicles and their components. It traces the industry's history from its origins in the 1860s to its evolution through technological advancements and globalization, highlighting the shift from gasoline-powered cars to hybrid and electric vehicles. The report emphasizes key lessons learned, including the importance of environmental awareness in addressing global warming through renewable energy and electric car production, technological innovations such as autonomous driving systems and smartphone integration, and the industry's significant contribution to economic growth through employment, revenue generation, and support for related industries like steel and rubber. The report concludes by underscoring the multifaceted nature of the automobile industry and its widespread impact on society.
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LESSONS FROM
AUTOMOBILE INDUSTRY
Class (Course)
Professor (Tutor)
Name of the School
City and State
The Date
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Automobile Industry
Definition : An industry that deals with manufacturing,
designing , marketing and selling of vehicles and spare parts.
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History
Dates back in the early 1860s in Europe and United States
during mass production.
Evolved due to technological advancement and globalization.
From gasoline cars to hybrid and electric cars
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Lessons from the Vehicle
Industry
Environmental Awareness
Global warming results from harmful gases such as carbon
dioxide (from gasoline cars)that affect the ozone layer.
Energy needs conservation for future generation through the
use of renewable energy and, manufacture of electric cars and
hybrid cars such as Tesla Model(Wang & Xu 2010, p. 68).
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Cont.’
Advantages of the new Cars
Are easy to use
Do not emit CO2 to the environment hence preserve ozone
layer.
Uses alternative sources of energy such as solar
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Cont.’…
Technological Innovations
Technological adjustments leads towards adoption of hybrid
and electric cars.
Autonomous car systems such as Autonomous Emergency
Braking reducing unnecessary car collisions
The ambient interior lighting adjusts into different colors as
the user’s preferences.
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Cont.’..
Adaptive Cruise Control takes pictures to analyze the
surrounding environment hence prevent drivers from running
onto things that might be invisible.
The radar sensor adjust car’s speed in accordance to the
distance between the car and the vehicles ahead hence
reducing any possible accident.
Smartphone dashboard allows easy calling, texting, and even
accessing Google Map for direction (Chambers 2017, p. 72).
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Cont.’…
Economic Growth
Source of employment- About 4 million of people are directly
or indirectly employed in various aspects of the vehicle
industry, from manufacturing, distribution, marketing and
selling.
Source of revenue to the respective governments through the
charged taxes and exportation such as in Japan
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Cont.’…
Automobile industry supports growth of other industries such
as steel and rubber industries, that acts as suppliers to the
vehicle industry(Sierzchula et al. 2012, p. 84).
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Conclusion
Automobile industry covers various aspects of car from
manufacturing to the selling to the final user.
Numerous lessons have been learnt from the industry, such as
the historical background, technological adjustment,
economic growth, environmental adjustment.
The industry have benefited human in various aspects.
Millions of people benefit either directly or indirectly from the
Automobile industry
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List of References
Chambers, C. 2017. News Comment: Money & Markets -
Transport: Powering electric cars needs innovation and
investment. Engineering & Technology, 12(2), pp.15-15.
Sierzchula, W., Bakker, S., Maat, K. and van Wee, B. 2012.
Technological diversity of emerging eco-innovations: a case
study of the automobile industry. Journal of Cleaner
Production, 37, pp.211-220.
Wang, Y. and Xu, Q. 2010. Evaluation of Green Technology
Innovation Capacity of Automobile Manufacture Industry.
Applied Mechanics and Materials, 44-47, pp.206-212.
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