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Following the end of World War II, the automobile industry grew exponentially. Automobile production in Europe and Japan rose to meet the aggressively increasing demand.
The automobile industry became a vital instrument to the growth of the US economy and became an integral part of the growth of American urban centers. But by the 1980s, the automotive manufacturing became a global industry with Japan rising to the top as the major producer.
Let us take a look at the major events that shaped the automobile industry in the world.