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Job Creation

From research labs and supplier factories to assembly lines and dealership showrooms, the auto industry supports nearly 8 million jobs, pays $500 billion in annual compensation and generates $70 billion in personal tax revenue in the United States.

And, as low-skill manufacturing has shifted overseas (for example, in textiles or some consumer electronics), the importance of high-skill manufacturing, like automobiles, has risen. With auto sales rebounding from the financial crisis of the 2008 – 2009, automakers’ importance to our economy will continue to grow. Industry experts predict Chrysler, Ford and GM could hire 34,000 new workers over the next four years. And those new jobs will support about 300,000 more new jobs at auto suppliers and other local businesses that serve Chrysler, Ford and GM plants.

Chrysler, Ford and GM are just three of 16 major global automakers competing in the U.S., but they employ two-thirds of America’s autoworkers, purchase nearly two-thirds of the auto parts manufactured here, produce 55 percent of the autos assembled here and conduct most of America’s auto research and development.

Why do Chrylser, Ford and GM contribute so much more to our economy? Because they conduct the bulk of their engineering, manufacturing, marketing and finance work here. Four out of 10 Chrysler, Ford and GM employees are based in the U.S. At Toyota, Honda, Nissan, Hyundai/Kia, BMW, Mercedes and VW (the seven largest foreign automakers), only five in 100 employees are based here. That eight-fold difference translates into millions of U.S. jobs and tens of billions of dollars in parts sales, R&D and capital investment each year.

Sep 23 2013
Written by Tyrel Linkhorn | Posted on The Blade

Chrysler Group LLC has added more than 1,800 jobs this year at its Toledo Assembly Complex, a significant boost to the city’s economy that goes far beyond what the automaker promised two years ago when it announced it would expand here to prepare for a new model.

Sep 20 2013
Written by Melissa Burden | Posted on The Detroit News

General Motors Co. said Thursday it will add a second shift to its Spring Hill engine plant in Tennessee and 100 employees in phases next year.
 

Sep 20 2013
Written by Tim Hodge | Posted on The Daily Herald

General Motors’ Spring Hill plant will add about 100 jobs at its engine facility to meet increasing demand for the Ecotec 2.5 liter, 4-cyclinder motor, according to a company spokesperson.

Sep 12 2013
Written by Alissa Priddle | Posted on Detroit Free Press

Ford is increasing production of its off-road super truck, the F-150 SVT Raptor, at the Dearborn Truck plant to meet demand.

Ford started making the desert racing truck in 2009 as a 2010 model, making two an hour on the same line that pumps out hundreds of thousands of regular F-150s a year.

Raptor production then increased to three trucks an hour in early 2012. Now, Ford is working with suppliers to boost that to five an hour, hopefully in the next eight to 10 weeks.

Sep 09 2013
San Francisco Chronicle

DETROIT (AP) — General Motors Co. employees are gearing up for a week of volunteering across the United States.

The Detroit automaker says its second annual "teamGM Cares Week" kicks off Monday and incorporates about 75 projects.

Filed Under: Job Creation

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