5 Impacts On The Automotive Industry

The automotive industry has always been one of many driving forces behind innovative laser applications. Taken as a whole, innovation-associated challenges are reshaping traditional auto trade structures and relationships — specifically, by threatening the prevailing distribution of income and the boundaries between OEMs and Tier One or Tier Two suppliers, as well as between automotive and tech firms.

The foremost developments of the Twenties had been the merger of Daimler and Benz in 1926, after the founders of these firms had died (their bitter rivalry for the excellence of being the inventor of the gasoline vehicle made any such union during their lifetimes unthinkable), and the entry of Normal Motors onto the German scene via the acquisition of the Adam Opel company in 1929.

British Leyland was nationalised in 1975 and was lastly privatized in 1988, by which period it had been renamed Rover Group Land Rover and Mini remained a part of the Rover Group until 2000, when BMW sold the MG and Rover marques to a consortium , retained the rights to build the new Mini, and offered Land Rover to Ford, though Ford has since bought Jaguar and Land Rover to Indian industrial big Tata British Leyland …