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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.

Aug 29 2014
Written by Sam McEachern | Posted on GM Authority

Chevrolet will soon launch an all-new Chevrolet Cruze in North America based on the same D2XX global vehicle platform the new Cruze for China is. That car will have lots to live up to considering the tremendous success the current version of the compact car has been, with GM recently announced sales of the Cruze have topped 3 million since its launch in 2008.

Filed Under: Manufacturing Economy
Aug 29 2014
Written by Mike Ramsay | Posted on The Wall Street Journal

Ford Motor Co. F +0.19%  will measure global demand for the redesigned Mustang sports car heading into the second quarter of 2015 to determine whether it adds a third shift to the Michigan plant where it is built, a top executive said Thursday.

The Flat Rock plant has two crews working to build the Mustang and the Fusion sedan. The first 2015 Mustang, fully redesigned this year to be aimed at a global audience, came off the line at the plant Thursday.

Aug 28 2014
Automotive News

With its 707 hp and 650 pounds-feet of torque, the 2015 Dodge Challenger SRT Hellcat is the most powerful production car ever to roll out of Detroit. Chrysler recently let buff book enthusiasts sample the $60,000 muscle car, and the scribes have sought to match the roar of the supercharged engine with the screaming sound of their own superlatives. A few examples:

Filed Under: Manufacturing Economy
Aug 28 2014
Ford Media Center

The highly anticipated, all-new Ford Mustang rolls off the line today at Flat Rock Assembly Plant, marking production of the sixth-generation pony car. For the first time in its 50-year history, Mustang will be available globally to customers in more than 120 countries around the world.

The addition of a right-hand-drive Mustang to Ford’s global vehicle lineup will allow the iconic pony car to be exported to more than 25 right-hand-drive markets around the world, including the United Kingdom, Australia and South Africa.

Aug 27 2014
Written by Melissa Burden | Posted on The Detroit News

General Motors Co.’s Spring Hill complex is on a path that may lead to a doubled workforce and become a vision of GM’s manufacturing future.

The town and its namesake auto plant, 35 miles south of Nashville, were home to Saturn manufacturing for more than a decade before GM stopped assembly operations for nearly three years following its bankruptcy. It became a metaphor for GM’s overreach, its fall and now its resurgence.