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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.

Dec 03 2013
Written by Bryce G. Hoffman | Posted on The Detroit News

Chrysler Group LLC announced Monday that it will introduce a new compact van for the North American market sometime next year.

The 2015 Ram ProMaster City will be based on the Fiat Doblo, a two-time winner of the International Van of the Year award.

Filed Under: Manufacturing Economy
Dec 02 2013
Written by Melissa Burden | Posted on The Detroit News

General Motors Co. will produce a limited number of Chevrolet Corvette Stingray Premiere Edition convertibles that will arrive in showrooms early next year.

The special edition Stingray convertible costs $77,450 and will be limited to 550 vehicles, the automaker said this week. The vehicles feature the 3LT trim and come in a lime rock green exterior and a brownstone suede interior.

Filed Under: Manufacturing Economy
Dec 02 2013
Written by Jon LeSage | Posted on Autoblog Green

The Ford Motor Company is getting competitive on the compressed natural gas (CNG) truck front. While Detroit counterparts General Motors and Chrysler have a head start, Ford has begun manufacturing its 2014 F-150 – the first CNG/LPG-capable half-ton pickup – and the CNG engine will be extended to eight of its commercial vehicles.

Nov 26 2013
GM Media Page

When it comes to keeping its tail on the track, the 2014 Camaro Z/28 manages airflow like few other production vehicles, generating downforce like a race car to press the tires against the track for high-speed stability and greater cornering capability.

Numerous modifications were made to the exterior, compared to the Camaro SS, with new and revised content developed to improve aerodynamics, powertrain cooling and brake-system cooling. They help the Z/28 produce 440 pounds more downforce at 150 mph, relative to the SS, which generates slight lift at that speed.

Nov 26 2013
Chrysler Media

Just in time for the holiday gift-giving season, the Ram Truck brand is launching a new photography book with National Geographic titled, “The Farmer in All of Us: An American Portrait.”  The book is available for purchase now for $45 at www.ramtrucks.com/outfitter and will be in retail stores beginning late spring 2014.

Filed Under: Manufacturing Economy

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