Cadillac cars were disassembled, the parts were mixed together, 89 parts were removed at random and replaced from dealer’s stock, and the cars were reassembled and driven 800 km without trouble. Stanley brothers in the United States, however, continued to manufacture steam automobiles until the early 1920s. United States completely dominated the world industry for the first half of the 20th century through the invention of mass production techniques.
While other industries, such as telecommunications or mobile phones/handsets, have already been disrupted, the automotive industry has seen very little change and consolidation so far. For example, only two new players have appeared on the list of the top-15 automotive original-equipment manufacturers in the last 15 years, compared with ten new players in the handset industry. The speed of adoption will be determined by the interaction of consumer pull and regulatory push, which will vary strongly at the regional and local …