An automobile is a machine designed to transport people and/or goods. It uses an internal combustion engine, powered by volatile fuel such as petrol, diesel and CNG. It also uses electrical energy to operate its systems.
Throughout history there have been many kinds of automobiles. Some were powered by steam, electric power or gasoline. Cars run by steam engines reached high speeds but had a limited range and were difficult to start. Battery-powered electric cars had a 38 percent share of the market in 1900 but had a short range and recharging stations were scarce.
The gasoline-powered automobile won out over the other types of vehicles in 1920. Its popularity led to new industries and jobs making parts for the vehicles as well as supplies such as petroleum and gas, rubber and plastic. The assembly-line techniques introduced by Henry Ford reduced the cost of the automobile to make it affordable for most middle class families.
Today modern life would seem unimaginable, or at least highly inconvenient, without access to a personal transportation vehicle such as an automobile. Whether used as a family car, to commute to work or for errands around town, an automobile is vital to our daily lives. For this reason, owning a vehicle is a very significant and responsible step for most people. It can help individuals build their credit and show that they are capable of repaying a loan. This can be beneficial when applying for other major purchases such as a home.