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 six 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 220 assembly plants, manufacturing facilities, research labs, distribution centers and other facilities, located in 32 states, across 115 Congressional districts. Further, their auto-dealer network independently employs 609,000 more Americans.

In total, FCA US, Ford, and General Motors account for more than 66% 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 2015)


 

 

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)


 

 

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    Defying the Odds

    Written by Alexandria Shesterkin | Posted on FCA North America

    FCA US powers STEM pipeline with diverse talent

    Filed Under: Job Creation
  • Jul 27 2015

    General Motors Helps Honor Five U.S. Service Members

    | Posted on General Motors
     
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    Filed Under: Job Creation
  • Jul 20 2015

    FCA Foundation Donates $62,000 to 17 North Central Indiana Community Groups

    | Posted on FCA US Media

    The FCA Foundation, the charitable arm of FCA US LLC, today awarded grants totaling more than $62,000 to 17 Kokomo and Tipton-area community organizations and programs that serve youth development & education, senior citizens, veterans and multicultural activities. The announcement came during a gathering of 40 community leaders at the Indiana Transmission Plant I in Kokomo.
       

  • Jul 16 2015

    Honoring Those Who Serve

    Written by Kayla Brown | Posted on FCA US Blog

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    Filed Under: Job Creation
  • Jul 15 2015

    GM details $1.4B in Upgrades to Arlington SUV Plant

    Written by Korri Kezar | Posted on Dallas Business Journal

    A $1.4 billion overhaul will expand General Motors Corp.'s (NYSE: GM) Arlington plant to nearly 4.5 times its size when it opened 61 years ago.

    The project will add 1.2 million square feet to the factory’s 4.375 million square feet across 250 acres. The facility will also be outfitted with new equipment, machinery and tools, as well as training for the 4,100 employees who create 280,270 Chevrolet Tahoe and Suburban, GMC Yukon and Cadillac Escalade SUVs each year.