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Manufacturing Economy

From research labs to dealership lots, the auto sector supports nearly 8 million U.S. jobs.

Exports. The auto industry is America’s largest exporter. Over the past six years, automakers and suppliers have exported nearly $600 billion worth of vehicles and parts. They beat the next best performing sector (aerospace) by $74 billion. Last year alone, automakers and suppliers out-exported the aerospace industry by $20 billion.

Raw Materials and Parts. The U.S. auto industry is one of the largest consumers of domestic raw materials and parts. Last year, automakers sold nearly 13 million cars in the U.S., and each contained between 8,000 to 12,000 parts, using more than 3,000 pounds of iron, steel, rubber, glass and semiconductors. Approximately 686,000 Americans work at the plants, offices and research labs that produce those parts and materials.

American Research & Development. Designing those 8,000 to 12,000 auto parts and helping put them together makes autos among the most engineering-intensive industries in the world. In fact, eight out of the world’s top 25 corporate investors in research and development are automakers. GM and Ford each invest more each year on research and development than Boeing, Amgen and Google – and 80 cents of every dollar they invest in research and development is spent here in the U.S. Thanks largely to this investment, nearly one in 10 engineers and scientists in private sector R&D work for an automaker or supplier.

Jan 15 2015
Written by Sam McEachern | Posted on GM Authority

The Buick Avenir has been handed down this year’s year’s EyesOn Design Award for the “Best Designed Concept Vehicle,” at the North American International Auto Show in Detroit. The EyesOn Design Awards “honor the most significant automotive designs revealed at NAIAS,” the organizations says, and are chosen by “North American and global leaders of design from automotive manufacturers,” and other design leaders.

Filed Under: Manufacturing Economy
Jan 15 2015
Chrysler Media Group

FCA US LLC kicks off 2015 by winning four IHS Automotive Loyalty Awards.

The Chrysler Town & Country received its 14th consecutive Loyalty Award in the Non-Luxury Mid-size Van category, extending its own record of consecutive wins. The Jeep® Grand Cherokee nabbed its sixth award in the Non-Luxury Mid-size SUV category and the Dodge Challenger was honored in its category for the third time. Jeep Wrangler won the Non-Luxury Compact SUV award for the second consecutive year.

Filed Under: Manufacturing Economy
Jan 12 2015
Written by Jared Bernstein | Posted on The New York Times

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 countries throughout the Asia-Pacific region. Passions run high when it comes to trade deals these days, and the Obama administration is working hard to sell it to labor unions, which roundly oppose it.

Jan 07 2015

For Immediate Release:
January 7, 2015
Contact: Adam Temple
info@americanautocouncil.org
(202) 400-2610

 

 

Filed Under: Manufacturing Economy
Jan 07 2015
Written by Sam McEachern | Posted on GM Authority

With a new year comes new cars, and 2015 will see General Motors add multiple exciting products to its Cadillac and Chevrolet product portfolios. It will all start at the North American International Auto Show in Detroit next week, but we thought we’d give you a preview of the product onslaught so you know exactly what to expect from The General throughout the year.

1. 2016 Cadillac CT6