Money & Business
Lifecycle of the Car Industry
...Open University's Rules of the Game...[headlights] One very surprising thing about the car industry is that it could well have sprung up almost a hundred and fifty years earlier. The first steam car took to the road in France in 1867 – but Cugnot's novel idea just didn't catch on. Sir Clive Sinclair notes: "The whole point about innovation is that it is novel. If it's...