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




  • Jun 27 2016

    Jeep gearing up for new compact SUV, next-gen Wrangler

    Written by Michael Wayland | Posted on The Detroit News

    Jeep is on track for another record year of global sales, as it prepares for a highly important launch of a new compact SUV and the unveiling of the next-generation Wrangler.

    The name of the vehicle, Manley said, has been decided. He declined to comment on if it will be named the Compass or Patriot. The new SUV is expected to be in U.S. showrooms early next year.

    Filed Under: Manufacturing Economy
  • Jun 27 2016

    Petty's Garage announces 2017 'King' edition Ford Mustang GT

    Written by Chase Wilhelm | Posted on Fox Sports

    Petty's Garage announced on Wednesday that they will build 500 "King Edition" 2017 Ford Mustang GT models.

    The builds also include 43 cars that will feature a special silver scheme to celebrate Richard Petty's 80th birthday in July 2017.

    This is the third year that Petty's Garage and Ford have come together for the special Mustangs honoring "The King," as the 2017 builds are set to be the largest stock to date.

    Filed Under: Manufacturing Economy
  • Jun 21 2016

    ICYMI - FCA US, Ford and GM Lead Kogod Made in America Auto Index


    ICYMI - FCA US, Ford and GM Lead Kogod Made in America Auto Index

  • Jun 21 2016

    2017 Ford Escape Brings Expanded Connectivity Options And Services

    Written by Sam Abuelsamid | Posted on Forbes

    The second-best selling nameplate in the current Ford lineup behind the perennially leading F-series trucks is the Escape. With more than 126,000 units sold through the first five months of 2016, the only Ford car that comes close is the Fusion with the rest trailing far, far behind. The utility segment which includes both the old-school body-on-frame truck-based SUV and unibody crossovers is the all the rage not just in America but in many global markets including Europe. That’s why Ford is launching four additional global utility nameplates by 2020.

    Filed Under: Manufacturing Economy
  • Jun 21 2016

    GM CEO: The Bolt EV Will Take Us to a Self-Driving Future

    Written by Alex Davies | Posted on Wired

    General Motors is still a car company, at least for now. “Our core business will be the core for a very very long time,” CEO Mary Barra said today at the WIRED Business Conference in New York.

    That business is making personal vehicles that people drive and own, with a focus on trucks, SUVs, and middle America. But it’s hardly exclusive, and in the past six months General Motors has made a series of bold, future-facing moves to cash in on what Barra calls “an accretive opportunity”—a chance to add some apple flesh around the steady core.