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.
Auburn Hills, Mich., Apr 22, 2013 /3BL Media/ -The Chrysler Foundation, the charitable arm of Chrysler Group LLC, today announced additional grants totaling nearly $30,000 to support 10 Michigan high school robotics teams, which qualified to compete for the 2013 FIRST (For Inspiration and Recognition of Science and Technology) Robotics Competition Championship April 24-27 at Edward Jones Dome in St. Louis, Mo. The grants will help the teams offset costs associated with items such as registration fees; parts and materials; and team apparel.
Earth Week temporarily shines the spotlight on this vision, but ensuring a healthy environment requires a longer-term investment. We know people care deeply about their communities and quality of life — how do we effectively enlist them, and especially young people, our next generation of leaders, in ensuring that future?
Two Flint General Motors plants were awarded with rebates totaling $183,000 from Consumers Energy for their commitment to energy savings over the past year.