Manufacturing Economy


The auto industry is America’s largest exporter. Over the past six years, automakers and suppliers have exported over $775 billion worth of vehicles and parts. They beat the next best performing sector (aerospace) by $125 billion. Last year alone, automakers and suppliers out-exported the aerospace industry by $6 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 more than 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 734,000 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 HP, Boeing, and AT&T – 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 auto supplier.

Market Share vs. Jobs Share vs. Parts Share




  • Feb 23 2016

    Test Drive: 2016 Chevrolet Camaro V6

    Written by Gary Gastelu | Posted on FOX Sports

    Sure, you could’ve had a V8. But V6 pony cars are the best. It’s true!

    Well, it’s true if you care only about style, or if you run a car rental agency. At least that’s how it’s been for the past 50 years, but not anymore.

    The 2016 Chevrolet Camaro may still look like the Transformer that vanquished the Ford Mustang on the sales charts after the nameplate returned from hibernation in 2010, but it’s an all-new and far superior machine.

    Filed Under: Manufacturing Economy
  • Feb 19 2016

    Automaker Celebrates 90th Year With Stylish Chrysler 200

    Written by Michele Brooke | Posted on The Examiner

    The 2016 Chrysler 200 provides drivers and passengers with attractive style, a comfortable ride, and fuel economy ratings of up to 36 mpg. Since the introduction of the all-new Chrysler 200 in the spring of 2014, the car has resonated with consumers with steadily increasing sales.

    With a starting MSRP of $21,995, consumers can choose from four mid-size models for the 2016 Chrysler 200: 2016 Chrysler 200 LX model, Chrysler Limited model, Chrysler 200S model and the premium Chrysler 200C.

    Filed Under: Manufacturing Economy
  • Feb 18 2016

    The New Jeep Pickup Can't Get Here Soon Enough

    Written by Jason Harper | Posted on Road & Track

    Yes, I want a Jeep Wrangler truck. Me and most of the rest of the Internet, it turns out, as both Jeep and truck lovers went a little bonkers when the news broke last month that a truckified Jeep would join the next-generation Wrangler. Along with a potential diesel and hybrid version, the Wrangler Truck is supposed to go into production by late 2017.

    The biggest question is simply what took them so long? Because, our truck choices kind of suck.

    Filed Under: Manufacturing Economy
  • Feb 18 2016

    Chevy Launches Unconventional Ad For Malibu, Cruze

    Written by Michael Martinez | Posted on The Detroit News

    General Motors Co.’s Chevrolet brand has launched an unconventional ad campaign for its 2016 Malibu and Cruze.

    The brand tapped Michigan filmmaker Sam Raimi to direct a 60-second trailer that will be played in movie theaters nationwide for the next six months. The trailer has a horror-film vibe as a female character goes to open a door in a presumably haunted house before a voice tells her to stop and leave, followed by a narrator asking “Wouldn’t it be nice to have a warning before bad things happen?”

    Filed Under: Manufacturing Economy
  • Feb 18 2016

    Super Duty Rescues Big Rig From New York Snowstorm

    Written by Michael Martinez | Posted on The Detroit News

    Tuesday snowstorm in Rochester, New York, dumped dozens of inches of snow onto the Interstate 490 expressway, sending cars spinning and tractor trailers into ditches.

    But the rough winter weather wasn’t enough to stop a Ford Super Duty.

    Reporter Cristina Domingues and her camera crew at Time Warner Cable News in Rochester captured video of Chris Johnson, a welder from nearby Byron, pulling a stranded big rig in what appeared to be a 2003 model year F-Series Super Duty King Ranch with a two-tone paint job.

    Filed Under: Manufacturing Economy