The End of ProsperityAlthough 1929 has given its numerals to its decade, 1928 was, from the standpoint of the greater part of the automobile industry, a year of considerably better net income. This circumstance results chiefly from the fact that booms and depressions do not go strictly with the calendar. The last three months of 1929 belong to [...]  |
The Growth of the IndustryThe period between 1910 and 1914 is commonly looked back upon as a period of great automobile expansion. It would be better described as a period of great Ford expansion. The rest of the industry showed no sensational increase in its sales. The 1910-1914 output (including Fords) was: 1910 181,000 1911 199,000 1912 356,000 1913 [...] |
The First Automobile RaceThe unreliability of the gasoline automobile was well illustrated by the results of the first American automobile race. This race, held in Chicago in 1895, was sponsored by H. H. Kohlsaat, who was the publisher of the Chicago Times-Herald and was also one of the prominent Republican politicians of the day. The race was run [...] |
