Car heating was introduced (progressing from hot bricks via double-skinned exhaust manifolds to the heater radiator matrix),[3] as was the in-car radio.
[citation needed] In 1923 the gasoline additive tetraethyl lead made its debut at the Indy 500 that resulted in a boost in octane from the 1950s to the 1980s[6] In the United States drive-in restaurants were introduced as well as suburban shopping centers and motels.
Alfred P. Sloan and Harley Earl of General Motors, and Walter P. Chrysler capitalized on advertising the automobile's role in the life of the consumer for more than just the utilitarian value compared with the horse.
The stock market crash of 1929 started the layoff of automotive workers and many new companies went bankrupt but over two million cars were still produced in 1929 and 1930.
With Ford out for a period, Chrysler was able to produce and market the low-priced Plymouth in 1928, and bought out the Dodge Brothers, also in 1928, resulting in "The Big Three" in the United States.
During the Great Depression, in Britain many small companies started in the post World War I boom failed or merged leaving six[citation needed] major manufacturers: Morris, Austin, Standard, Singer, Ford of Britain, and General Motors Vauxhall.
A short-term investment collector must be able to find a vehicle that has market value that is expected to rise in the foreseeable near future.
Certain year and model cars became popular to turn into hot rods thus destroying their original condition.
Determining the value of a vintage car can be difficult, as there are many different factors that can potentially influence the price.
The age, condition, rarity, modifications, vehicle history and mileage can all drastically change a car's value, among other observable factors such as body type, drivetrain and engine capacity.
[13] In recent years, services have begun providing classic and vintage car valuation data to the public, by establishing baseline prices for vehicles in various conditions and publishing marketing trends and forecasts collectors can use to monitor the state of the market.