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Auto Industry Landmarks

The past couple of years have been very tough ones for the US auto industry, culminating in the somewhat embarrassing request for life-saving bailouts for GM and Chrysler in late 2008 and the bankruptcies that followed.

Tough times are not new to U.S. automakers, who've seen their reputation and market share decline sharply in the past four decades. Amid the doom and gloom, however, has been a boom or two.

Take a look at some of the milestones in the auto industry since the 1970s.

Updated 7 Jan 2011

Photo: Car Culture | Getty Images