I remember hearing a story many years ago that went something like this:
When Henry Ford invented the mass-production of automobiles, it threw the transportation world into chaos. There was a well-established transportation vehicle industry which made carriages, horse accessories, whips, and the like, that just couldn't compete. Instead, many of them tried to hold back progress by various means, including inducing Congress to pass laws that would put horseless carriages at a disadvantage. But none of it worked, and today these Luddites all languish in obscurity. You wouldn't even recognize any of their names... except for one.
One man had the foresight to see which way the wind was blowing and actually adapt to the changing technology. He understood that he was in the transportation business rather than the carriage business, so he revamped his company and began building automobiles. His name was Louis Chevrolet.
This is a very interesting morality tale, with obvious implications for modern times. There's only one problem: it isn't true. Louis Chevrolet wasn't a carriage builder before he started building cars; he was a race car driver. But I can't help but wonder if there is any truth to it and the person who told the story just got the name wrong.
Were there any carriage manufacturers who switched to building cars and had any success with the pivot?