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The 2007–2008 financial crisis, or the global financial crisis ( GFC ), was the most severe worldwide economic crisis since the Great Depression. Predatory lending in the form of subprime mortgages targeting low-income homebuyers, [1] excessive risk-taking by global financial institutions, [2] a continuous buildup of toxic assets within banks ...
bmwgroup.com (BMW AG corporate website) Bayerische Motoren Werke AG, commonly abbreviated to BMW ( German pronunciation: [ˌbeːʔɛmˈveː] ⓘ ), is a German multinational manufacturer of luxury vehicles and motorcycles headquartered in Munich, Bavaria, Germany. The company was founded in 1916 as a manufacturer of aircraft engines, which it ...
A car, or an automobile, is a motor vehicle with wheels. Most definitions of cars state that they run primarily on roads, seat one to eight people, have four wheels, and mainly transport people, not cargo.[1][2] The French inventor Nicolas-Joseph Cugnot built the first steam-powered road vehicle in 1769, while the Swiss inventor François ...
- Horseless Carriage Or Veteran Era
- Brass/Edwardian Era
- Vintage Era
- Pre-War Era
- Postwar Era
- Modern Era
The American George B. Selden filed for a patent on 8 May 1879. His application included the engine and its use in a four-wheeled car. Selden filed a series of amendments to his application, which stretched out the legal process, resulting in a delay of 16 years before the patent was granted on 5 November 1895. Selden licensed his patent to most ma...
The Brass or Edwardian period lasted from roughly 1905 through 1914 and the beginning of World War I. It is generally referred to as the Edwardian era, but in the United States, it is often known as the Brass erafrom the widespread use of brass in vehicles during this time. Within the 15 years that make up this era, the various experimental designs...
The vintage era lasted from the end of World War I (1918) until the Wall Street Crash at the end of 1929. During this period, the front-engine car layout dominated, with closed bodies and standardized controls becoming the norm. In 1919, 90 percent of cars sold were open; by 1929, 90 percent were closed.: 7 Development of the internal combustion en...
The pre-war part of the classic era began with the Great Depression in 1930, and ended with the recovery after World War II, commonly placed during 1946. It was in this period that integrated fenders and fully-closed bodies began to dominate sales, with the new saloon/sedan body style even incorporating a trunk or boot at the rear for storage. The ...
A significant change in automobile design since World War II was the popularity of pontoon style, in which running boards were eliminated and fenders were incorporated into the body. Among the first representatives of the style were the Soviet GAZ-M20 Pobeda (1946), British Standard Vanguard (1947), US Studebaker Champion, and Kaiser (1946), as wel...
The modern era is normally defined as the 40 years preceding the current year. The modern era has been one of increasing standardization, platform sharing, and computer-aided design—to reduce costs and development time—and of increasing use of electronics for both engine management and entertainment systems. Some contemporary developments are the p...
Polestar is a Swedish automotive manufacturer that produces electric vehicles. Owned by Volvo Cars, the company is headquartered in Torslanda outside Gothenburg, Sweden.[4] Polestar produces cars in several countries including China, the US, and South Korea, in facilities owned by Volvo Cars and its parent company Geely Holding.[5][6] The ...
The 2024 FIA Formula One World Championship is a motor racing championship for Formula One cars and is the 75th running of the Formula One World Championship. It is recognised by the Fédération Internationale de l'Automobile (FIA), the governing body of international motorsport, as the highest class of competition for open-wheel racing cars.
Volkswagen New Beetle. The Volkswagen Beetle, officially the Volkswagen Type 1, [a] is a small car produced by the German company Volkswagen from 1938 to 2003. [b] It is one of the most iconic cars in automotive history, recognised for its distinctive shape. Its production period of 65 years is the longest of any single generation of automobile ...
