The automobile has enabled people to travel and transport goods farther and faster, and has opened wider market areas for business and commerce. The auto industry has also reduced the overall cost of transportation by using methods such as mass production(making several products at once, rather than one at a time ), mass marketing(selling products nationally and globally rather than locally), and globalization of production(assembling products with parts made worldwide). Between 1886 and 1898, about 300 automobiles were built. but there was no real established industry. A century later, with automakers an auto buyers expanding globally, automaking became the worlds largest manufacturing activity, with more than 53 million new vehicles built each year worldwide• The automobile has enabled people to travel and transport goods farther and faster, and has opened wider market areas for business and commerce. The auto industry has also reduced the overall cost of transportation by using methods such as mass production (making several products at once, rather than one at a time), mass marketing (selling products nationally and globally rather than locally), and globalization of production (assembling products with parts made worldwide). Between 1886 and 1898, about 300 automobiles were built, but there was no real established industry. A century later, with automakers and auto buyers expanding globally, automaking became the world’s largest manufacturing activity, with more than 53 million new vehicles built each year worldwide