American Autoindustry in 1920's

Automobile production figures rose from two million in 1920 to five and a half in 1929.In 1920 General Motors began to experience big troubles with quality control and sales.From these only Chrysler emerged to form what became one of the Big Three of American automobiledom.The car became more affordable for the people with the average income.Thus the car was no longer a luxury, but a useful and necessary item of the household.There are two factors that made this possible.Secondly there was a liberal access to the credit for both consumers and dealers.The big companies such as General Motors and Ford went into financing of sales on a big scale.These industries employed about the 1,2 million people.Initially about two hundred thousand miles of trunk highways received federal support.