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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.

Jan 02 2014
Written by AP | Posted on ABC News

Ford plans to unveil at this month's International CES gadget show a solar-powered concept car that offers the same performance as a plug-in hybrid but without the need for a plug.

The C-MAX Solar Energi Concept car uses a gasoline engine combined with a gizmo that acts like a magnifying glass to concentrate the sun's rays on the vehicle's roof-mounted solar panels. The automaker says the vehicle's estimated combined city-highway mileage is 100 mpg.

Dec 30 2013
Chrysler Media Page

As part of its overall continued commitment to Detroit community, the Jeep® brand will sponsor this year’s upcoming 2013 Little Caesars Pizza Bowl, where the Bowling Green Falcons and Pittsburgh Panthers will go head to head at Ford Field the evening of Thursday, December 26. In addition to its sponsorship of the event, the Jeep brand will donate 250 tickets for the game to local charities and organizations, including the Jalen Rose Leadership Academy staff members, students and their families. For information on tickets, go to www.FordField.com.

Dec 30 2013
Ford Media Page

With more than 2.4 million vehicles sold, Ford expects to retain its title as best-selling vehicle brand in North America in 2013, and has widened its lead over Toyota.

Dec 30 2013
GM Media Page

Precision not patriotism is the focus of red, white and blue light scanning used by General Motors’ Competitive Benchmarking team to surgically dissect competitor vehicles.

The high-tech search for what is good and bad is conducted about three dozen times a year globally with models strategically selected that are all-new or feature industry-first systems and technologies.   

The light scanners mathematically capture precise 3-D images of vehicle structures and components. Complete sets of scans become reverse-engineered computer models for comparing to GM designs.

Dec 20 2013
Chrysler Group LLC

Filed Under: Manufacturing Economy