You are here

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. Four out of ten 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 180 assembly plants, factories, research labs, distribution centers and other facilities, located in 31 states, across 91 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)


Industries with Top 10 Highest Job Multipliers (2013)


 

Jun 25 2014
Chrysler Media

Chrysler and Fiat leadership outline strategy for the future and discuss supply base’s role in Fiat Chrysler Automobiles’ outlined plans

Eighteen awards presented for extraordinary performance in 2013

June 24, 2014 , Auburn Hills, Mich. - Chrysler Group LLC and Fiat S.p.A. executives today met with approximately 3,000 supplier representatives at their 2014 Annual Strategy Meeting and Supplier Awards Ceremony held at the Palace of Auburn Hills.

Jun 24 2014
Written by David Shepardson | Posted on The Detroit News

Ford Motor Co. safety engineer Roger Trombley didn’t want his kids to think he was just the guy who walked through the door of their Ann Arbor home at the end of the day.

So Trombley, 37, became the first man in his department to go to a part-time schedule, in 2009, so he could be with son Dillon. Since then, three other dads in his unit at Ford have followed suit.

Jun 24 2014
Written by Alisa Priddle | Posted on Detroit Free Press

Reporters from across North America are in Dearborn today for an overview of the automaker’s 2015 model lineup.

Also on the agenda is the unveiling of a new vehicle. The Detroit Free Press can reveal full details at 6 p.m.

Ford is in the midst of its most aggressive launch schedule in decades, introducing 16 vehicles in North America this year compared with five in 2013. Ford is launching 23 new vehiclesglobally this year.

Jun 16 2014

For Immediate Release:

June 16, 2014
Contact: Colin Dunn
(202) 400 - 2609