The U.S. Auto Industry Drives Domestic Job Creation
From research labs and supplier factories to assembly lines and dealership showrooms, U.S. automakers, their suppliers, their dealerships, and the local businesses that support them are responsible for more than 7.25 million U.S. jobs. No manufacturing sector employs more U.S. workers.
Together, the 15 major automakers competing in the U.S. directly employ about 388,000 U.S. workers. FCA US, Ford, and General Motors employ 238,000 of these U.S. workers, meaning that FCA US, Ford, and General Motors employ nearly 2 out of 3 of America’s autoworkers.
The fact that FCA US, Ford, and General Motors account for 64% of U.S. auto jobs is remarkable, especially considering that they account for only 44% of U.S. market share.
FCA US, Ford, and General Motors produce more of their vehicles here, conduct more of their research here, and buy more of their parts here. As a result, they have based nearly seven times more of their global workforce in the U.S. than their competitors.
US Employment (YE 2018)
FCA US/Ford/ General Motors employ 2 out of 3 of America’s autoworkers, translating to 238,000 jobs.
Industries with Top 10 Highest Job Multipliers (2018)
-
GM to invest $5.4B in U.S., Michigan plants
General Motors Co. on Thursday said it will create 650 new jobs as it invests $5.4 billion into U.S.
-
GM plans more investments as manufacturing jobs rise
General Motors will announce a new round of plant investments Thursday at its Pontiac Metal Center just as an independent report found the company's U.S.
-
-
Exclusive: GM Will Build Chevy Bolt in Michigan in Late 2016
General Motors Co plans to begin building the Chevrolet Bolt, its all-new $30,000 electric car, in October 2016 at an under
-
How to Stop Currency Manipulation
If the new Congress can agree on anything this year, it may well be the Trans-Pacific Partnership, a trade deal between the United States and 11 other countr