Manufacturing Economy

Exports:

The auto industry is America’s largest exporter. Over the past six years, automakers and suppliers have exported over $775 billion worth of vehicles and parts. They beat the next best performing sector (aerospace) by $125 billion. Last year alone, automakers and suppliers out-exported the aerospace industry by $6 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 more than 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 734,000 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 HP, Boeing, and AT&T – 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 auto supplier.

Market Share vs. Jobs Share vs. Parts Share


 

 

 

  • Jun 06 2016

    Jeep celebrates summer with 75th anniversary model ads

    Written by Michael Wayland | Posted on The Detroit News

    The third annual “Summer of Jeep” ad campaign features the brand’s 75th anniversary editions with a custom off-road song from one of its Super Bowl commercial.

    The campaign recently debuted with two new 30-second television commercials featuring USA Basketball Men’s National Team finalist Paul George called “What I Stand 4” and “4x4Summer.”

    Filed Under: Manufacturing Economy
  • Jun 06 2016

    Ford Nationals event taps into fond memories in Carlisle, PA

    Written by Jake Austin | Posted on The Sentinel

    For Ford lovers, these types of feelings were easy to come by during the 2016 Ford Nationals event.

    Around 3,200 Ford vehicles were on display at the event, which ran from Thursday through Sunday at the Carlisle Fairgrounds. Nearly 400 of the vehicles paraded through downtown Carlisle as part of the Parade Park and Party, which took place on Saturday evening and also featured live music, dining and shopping.

    Filed Under: Manufacturing Economy
  • Jun 03 2016

    General Motors shows off Delta Plant improvements

    Written by Rilwan Balogun | Posted on WILX

    The Delta Township GM plant builds the Chevy Traverse, Buick Enclave, and GMC Acadia. But all of that has stopped.

    The last 32 days, workers have training for something new.

    "Everyone needs to be certified on any new tooling. Any new job stations that are set up so that you are certified on your job" said GM's Lansing Communications, Erin Davis.

    General Motors has invested $583 million into the plant. $63 million for expansion and another $520 million for what it says could be vehicle programs.

  • Jun 03 2016

    Fiat Chrysler Automobiles Boasts Impressive Jeep Sales And Positive Minivan Sales Outlook

    Written by Adam Russell | Posted on Market Exclusive

    Fiat Chrysler Automobiles NV has reported that Jeep sales have hit a record high and on the rise in the US, and minivans have also been increasing in popularity.

    The vehicle manufacturer reported that its automobile sales in May was 204,452 in May alone, thus marking the 74th consecutive year where the company has registered gains year over year. Fiat Chrysler also reported record Jeep sales in the same month where it sold 90,000 units. This is the first time that the firm has made such high Jeep sales in the 75 years that it has been in operation.

    Filed Under: Manufacturing Economy
  • Jun 02 2016

    Chrysler 'PacifiKids' Make Debut in New Digital and Social Campaign for the All-New 2017 Chrysler Pacifica; First in Video Series Features Actress Brooklyn Decker

    | Posted on FCA US Media

    Chrysler officially introduces the brand’s adorable, pint-sized product specialists, the PacifiKids, through a new digital and social campaign that features actress Brooklyn Decker (Netflix’s “Grace and Frankie”) in its inaugural video.

    Given that the all-new 2017 Chrysler Pacifica is the most technologically advanced vehicle in its class, moms and dads will undoubtedly have many questions about the minivan, and who better to explain technology, tri-pane panoramic sunroofs and touchscreens than kids!

    Filed Under: Manufacturing Economy