Evolution of the Car Industry: Innovation and Stagnation
The first modern automobile was introduced in 1886 by Karl Benz, and since then manufacturers have continued to innovate and improve their products for a better driving experience, but one thing that hasn't changed in over a century is how the vehicle is distributed. Through an infographic, Carvana compares the top car innovations against the sales channels. Is it time for a change? The infographic is split into two sections, Car Innovation and Car Dealerships. The innovations kick off with the introduction of the first modern vehicle in 1886, followed by the introduction of the first mechanical power steering mechanism in 1900. On the flip side, the first independent car dealership was opened in 1896, with the first franchise opened in 1937. By 1999, online car sales were banned in Texas, shutting down Ford's attempt to sell used cars online. While there have only been a few changes with dealerships over the years, car innovation has never ceased. The first hybrid was developed in 1901 by Ferdinand Porsche, the Ford Model T was introduced in 1908, the assembly line was invented in 1913, and that's only in what Carvana has deemed the "Early Days." Modern times showed the revitalization of the automobile industry thanks to the SUV, along with widespread availability of a hybrid-electric vehicle, and the first licensing for an automated vehicle. But what has the car dealership accomplished? Consumers are now able to purchase hybrid and low-emission vehicles online in California, Tesla Motors petitioned to sell directly to customers in all 50 states, and PRNDL was created to help with online purchases. The times, they are a-changin'. Source: Carvana
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