Automobiles are vehicles that carry passengers and may also be equipped to carry cargo. They are powered by an internal combustion engine using a volatile fuel and have four wheels. They have been around for a long time and have undergone constant evolution. Some of the major milestones include advances like electric and autonomous vehicles, connected car systems, and sustainability manufacturing practices.
Karl Benz, a German engineer, invented the first modern automobile around 1885. Until the early 20th century, automobiles were a luxury for the wealthy. Then, businessman and engineer Henry Ford revolutionized the way cars were made. He used the assembly line to produce automobiles more quickly and at a lower cost. This made it possible for more people to afford an automobile.
By the end of the 20th century, it was almost impossible to live a modern life without access to an automobile. The automobile encouraged leisure activities and stimulated new businesses such as hotels, restaurants and motels. It brought urban amenities to rural areas and ended rural isolation. It also spawned new government requirements and laws concerning traffic rules, safety features, fuel efficiency, emissions and driving licenses.
Today, many Gen Y’s are getting out from behind the wheel and walking or taking public transit where available. They are buying fewer and fewer automobiles. However, if a car is essential to the job, then owning one makes sense for most young professionals. This is despite the fact that the costs of operating an automobile are rising due to rising gas prices and increased insurance rates.