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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 $143 billion. Last year alone, automakers and suppliers out-exported the aerospace industry by $17 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 17 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, seven out of the world’s top 25 corporate investors in research and development are automakers. General Motors and Ford each invest more each year on research and development than IBM, Qualcomm, and General Electric – 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.

From research labs to dealership lots, the auto sector supports over 7 million U.S. jobs.

Exports:

The auto industry is America’s largest exporter. Over the past six years, automakers and suppliers have exported over $706 billion worth of vehicles and parts. They beat the next best performing sector (aerospace) by $104 billion. Last year alone, automakers and suppliers out-exported the aerospace industry by $17 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 17 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, seven out of the world’s top 25 corporate investors in research and development are automakers. FCA US, Ford and General Motors each invest more each year on research and development than IBM, Qualcomm, and General Electric – 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.

Market Share vs. Jobs Share vs. Parts Share


Oct 21 2015
Written by Jim Jackson | Posted on NWI Times

Dodge Charger leads the modern day muscle car era with the most powerful factory-built 4-door passenger car on the planet.

The five-passenger rear-drive 2015 Dodge Charger SRT Hellcat harnesses 707 horsepower generated from a 6.2-liter supercharged HEMI V8 Hellcat engine.

Charger Hellcat is shipped straight from the assembly line to the showroom floor and buying public for a base price of $62,295.

Buyers also pay $995 for freight and a $1700 gas-guzzler tax.

Indeed.

At full throttle, Charger Hellcat will empty its 18.5 gallon fuel tank in 13 minutes.

Filed Under: Manufacturing Economy
Oct 21 2015
Written by Richard Truett | Posted on Automotive News

DETROIT -- A camouflaged, full-size, Ford-badged SUV spotted recently in Dearborn, Mich., near Ford’s product development center offers the best view yet of the redesigned aluminum-bodied Expedition, due out as a 2018 model.

A Ford source, speaking on the condition of anonymity, said the vehicle in the spy shots is close to the final version of the Expedition.

The redesigned Expedition has Ford’s trademark dip in the front windows near the mirrors, the same styling feature used on Super Duty trucks.

Filed Under: Manufacturing Economy
Oct 21 2015
Written by Dan Mihalascu | Posted on Car Scoops

GMC will continue to offer the Elevation Edition for 2016 with the styling upgrades and other features new to the entire Sierra 1500 lineup.
These enhancements include revised front-end styling with new, high-intensity discharge projector-beam headlamps and GMC Signature LED lighting.

Filed Under: Manufacturing Economy
Oct 20 2015
Written by Jonathan Camhi | Posted on Business Insider

GM has been working on self-driving technology for nearly a decade and that work will start to bear fruit soon, WIRED reported.

The company says it will have a fleet of self-driving Chevy Volts cruising around its Detroit technical innovation center next year. The center sits on a campus with 11 miles of roads that GM is using for testing self-driving technology.

Oct 20 2015
Written by Ken Chester Jr. | Posted on Wausau Daily Herald

Dodge introduced performance in the compact car segment with the all-new, state-of-the-art Dart four-door sedan back in 2013. The all-new Dart marked the Dodge brand’s re-entry into the compact sedan segment, hitting the bulls-eye with a modern, unmistakable Dodge design that builds upon its performance heritage while evoking emotion, efficiency and fluidity of movement.

Filed Under: Manufacturing Economy