September 24, 1908
The first factory-built Ford Model T was completed on this day, just one more step in Ford's affordable revolution. Affectionately known as the "Tin Lizzie," the Model T revolutionized the automotive industry by providing an affordable, reliable car for the average person. Ford was able to keep the price down by retaining control of all raw materials, and by employing revolutionary mass production methods. When it was first introduced, the "Tin Lizzie" cost only $850 and seated two people.
September 24, 1948
The Honda Motor Company, one of the world's leading automobile manufacturers, began as a research institute founded by engineer Honda Soichiro. The institute focused on creating small, efficient internal combustion engines, before it began incorporating these engines into motorcycles under the Honda name. It was on this day that the Honda Technical Research Institute officially became the Honda Motor Company, establishing a corporation that would become the leading producer of motorcycles in the world.
September 24, 1974
General Motors announced that the release of the "Monza," its rotary-engine sports compact, would be postponed due to problems complying with new EPA emissions standards. Environmental concerns had become an increasingly high priority with the American public, and the government had been responding accordingly. Pressures on the automotive industry had been riding high since the 1970 Clean Air Act, rising even higher with the new National Ambient Air Quality Standards of 1971. With both public opinion and the federal government against them, GM had no choice but to delay the new model's release.
Source:
The History Channel
Wikipedia