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Job Creation

The U.S. Auto Industry Drives Domestic Job Creation

From research labs and supplier factories to assembly lines and dealership showrooms, the auto industry supports nearly 8 million American jobs. In sum, the industry pays $500 billion in annual compensation, and generates $70 billion in personal tax revenue. While FCA US, Ford and General Motors are just three of the sixteen automakers competing in the U.S. market, they employ two-thirds of America’s autoworkers. Why do FCA US, Ford and General Motors contribute so much more to our economy? They conduct the bulk of their engineering, manufacturing, marketing and finance work here, in the United States. One out of three FCA US, Ford and General Motors employees are based in the U.S. Conversely, at Toyota, Honda, Nissan, Hyundai/Kia, BMW, Mercedes and VW (the seven largest foreign automakers), only five in one-hundred employees are based here. That six-fold difference translates into millions of indirect U.S. jobs, and tens of billions of dollars in parts sales, R&D and capital investment each year.

As low-skill manufacturing has shifted overseas, the importance of high-skill manufacturing, such as automobile manufacturing, has risen. Likewise, with auto sales rebounding from the financial crisis of 2008 and 2009, the role of automakers in our economy will continue to grow. Industry experts predict FCA US, Ford and General Motors could hire 34,000 new workers over the next four years - those new jobs will support about 300,000 indirect new jobs at auto suppliers and other local businesses that serve FCA US, Ford and General Motors plants. The companies themselves currently operate more than 226 assembly plants, factories, research labs, distribution centers and other facilities, located in 32 states, across 115 Congressional districts. Further, their auto-dealer network independently employs more than 580,000 other Americans.

In total, FCA US, Ford, and General Motors account for more than 68% of U.S. auto-industry jobs, while only holding a 45% total share in the U.S. auto market. Because the three companies research, produce and manufacture more vehicles in the United States than any of their foreign competitors, they have proportionally more employees than the size of their market share. Compared to their competitors, six times more of their global work force is based in the U.S.

 

US Employment (YE 2014)



FCA US/Ford/ General Motors employ 2 out of 3 of America’s autoworkers, translating to 232,000 jobs.

Industries with Top 10 Highest Job Multipliers (2014)


 


 

Dec 08 2015
Written by Sean Szymkowski | Posted on GM Authority

As the holiday season sets in, many families often are pained with the loss of a loved one, especially from the armed forces. Wreaths Across America was started in 1992 to show support and help teach younger generations that “freedom isn’t free”, and Chevrolet will be backing the cause.

Dec 07 2015
GM Media
DETROIT – General Motors’ Women’s Retail Network awarded a record 10 women a total of $29,000 in tuition assistance in 2015 to pursue careers in automotive retailing to celebrate the fifth anniversary of the Network’s Drive to Succeed Scholarship Program.

Award winners are:

Filed Under: Job Creation
Oct 29 2015
Ford Media

Thousands of students today learned why completing high school improves their chances for later success, part of the message delivered by Ford Motor Company’s innovative Ford Driving Dreams tour at its first-ever stop in northern California.

Filed Under: Job Creation
Oct 28 2015
Written by Michael Wayland | Posted on The Detroit News

Spirits were high Monday at General Motors Co.’s Lansing Grand River Assembly Plant, as workers celebrated Chevrolet Camaro production officially returning to the United States for the first time since 1992.

“It’s here. The American muscle car comes back home to Lansing,” said United Auto Workers Local 652 President Mike Green to the cheers of workers. “We’ve been talking about this for four or five years now.”

Oct 22 2015
Kokomo Herald

As the 11th FCA North American facility to receive bronze status, Kokomo Casting was awarded bronze after a two-day audit in which the plant earned a minimum of 50 points in 10 technical and 10 managerial pillars by demonstrating clear WCM know-how and competence through employee-conducted pillar presentations and a review of projects that have been implemented across the shop floor.
 
With Kokomo Casting’s award, there are now three Indiana plants in the bronze class. Indiana Transmission II and Kokomo Transmission each received the bronze designation in 2014.