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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


Jan 14 2016
Written by Gus Burns | Posted on MLive

After a nearly 14-year hiatus, Ford Motor Co.'s Lincoln Continental luxury sedan is back.

A lounge-style act set an appropriate mood with Peggy Lee's "Fever" before a silky white sheet was whisked away revealing the classy car beneath at the 2016 North American International Auto Show in Detroit's Cobo Center Tuesday.

There was no mention of the Ford Bronco, another once-popular discontinued Ford offering the company has hinted the return of.

Filed Under: Manufacturing Economy
Jan 13 2016
Written by Brent Snavely | Posted on The Detroit Free Press

Fiat Chrysler Automobiles wants to dramatically redefine the minivan category with its new Chrysler Pacifica and a hybrid version — two models with enough fresh styling and performance to potentially re-energize a segment that has lost more than half its sales the past 15 years.

FCA is dropping the Town & Country name and plans to reveal its new 2017 Chrysler Pacifica early today  at the North American International Auto Show in Detroit.

Jan 13 2016
Written by Alisa Priddle | Posted on USA Today

DETROIT -- Ford Motor plans to add four new crossover SUVs to the lineup over the next few years, showing the degree to which the boxy people haulers are dominating the auto market.

Of the four, one of the SUVs will be for the Lincoln brand, said Ford CEO Mark Fields during a presentation at the North American International Auto Show going on here. With more consumers moving to luxury cars, Lincoln has been getting more attention in the last couple of years.

Filed Under: Manufacturing Economy
Dec 14 2015
GM Media

ROANOKE, Ind. – General Motors’ Fort Wayne Assembly Plant built its 7 millionth pickup truck today with the customer purchasing the blue double-cab 2016 Chevrolet Silverado helping with the build.

Lee Adams, owner of Tri-State Compressed Air in Goshen, Ind., ordered the truck for his sales force from Tom Naquin Chevrolet in Elkhart, Ind. According to Naquin, Adams’ company has purchased more than 50 Chevrolet trucks and vans since 1982.

Dec 08 2015
Written by Sean Szymkowski | Posted on GM Authority

As the holiday season sets in, many families often are pained with the loss of a loved one, especially from the armed forces. Wreaths Across America was started in 1992 to show support and help teach younger generations that “freedom isn’t free”, and Chevrolet will be backing the cause.