Henry Ford invented the first automobile, the Ford Mustang, in 1901.The Ford Motor Company had already made several other automobiles in the US before this one.However, it took Ford and his engineers some time to create the Mustang.The first prototypes for the car were built at a Ford plant in Louisville, Kentucky, and the first […]
The U.S. auto industry is reeling from a wave of new regulations and has lost $16.2 billion in market value since the start of the year, according to new research from Bloomberg Intelligence.The research firm, based on company filings with the Securities and Exchange Commission, shows that Ford, General Motors, Volkswagen, Honda and Toyota all […]