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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.

Sep 23 2013
Written by Tyrel Linkhorn | Posted on The Blade

Chrysler Group LLC has added more than 1,800 jobs this year at its Toledo Assembly Complex, a significant boost to the city’s economy that goes far beyond what the automaker promised two years ago when it announced it would expand here to prepare for a new model.

Sep 20 2013
Written by Melissa Burden | Posted on The Detroit News

General Motors Co. said Thursday it will add a second shift to its Spring Hill engine plant in Tennessee and 100 employees in phases next year.
 

Sep 20 2013
Written by Tim Hodge | Posted on The Daily Herald

General Motors’ Spring Hill plant will add about 100 jobs at its engine facility to meet increasing demand for the Ecotec 2.5 liter, 4-cyclinder motor, according to a company spokesperson.

Sep 20 2013
Written by John Pepitone | Posted on FOX4News

 Kansas City workers are in the national spotlight this week as President Obama visits the new Ford stamping plant in the northland.

Filed Under: Manufacturing Economy
Sep 20 2013
Written by John Pepitone | Posted on Fox4News

Kansas City workers are in the national spotlight this week as President Obama visits the new Ford stamping plant in the northland.

Filed Under: Manufacturing Economy

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