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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


Jul 08 2015
Written by Ken Chester Jr. | Posted on Appleton Post Crescent

New for 2015, the iconic Dodge Viper SRT receives a new, mid-priced GT model along with numerous styling and performance enhancements across the vehicle lineup.

Priced between the base Viper and Viper GTS models, the Dodge Viper SRT is produced at the Conner Avenue Assembly Plant in Detroit.

Filed Under: Manufacturing Economy
Jul 08 2015
Written by Ken Chester Jr. | Posted on Appleton Post Crescent

Unveiled earlier this year at the North American Auto Show in Detroit, the all-new Ford GT supercar sets new standards for Ford innovation through performance with advances in light-weighting, aerodynamics and an ultra-efficient EcoBoost engine.

Filed Under: Manufacturing Economy
Jul 07 2015
Written by Chris Woodyard, | Posted on USA Today

The auto industry, always trying to think of features that drivers didn't necessarily know they needed, has come up with a new one.

General Motors has found that smartphone overheating is a problem. To solve it, Chevrolet is introducing "Active Phone Cooling." Basically, it's an air-conditioning vent for your smartphone. It's coming in the Impala and several other models.

Jul 07 2015
Written by Alison Derees | Posted on Fiat Chrysler Automobiles Blog

Now that summer has officially started, it’s the perfect time to enjoy the variety of open-air options from Fiat Chrysler Automobiles.

Vehicles such as the iconic Jeep Wrangler, the all-new Jeep Renegade with My Sky, or the Fiat 500C and its open-air cockpit offer something for everyone.

With the warm temperatures and extra hours of daylight, there’s no better time to put the top down or open the sunroof and enjoy the ride.

Several FCA vehicles offer the chance to catch some sun on your face and the wind in your hair. Among them:



 

Filed Under: Manufacturing Economy
Jul 06 2015
Written by Godwin Kelly | Posted on Daytona Beach News-Journal

Daytona Rising, which is transforming Daytona International Speedway's 55-year-old grandstand into the world's first motorsports stadium, reached another milestone Wednesday as Chevrolet came on board as a founding partner of the facility.

Filed Under: Manufacturing Economy