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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


Apr 27 2015
Chrysler Media Group

Don Schumacher Racing (DSR) driver Ron Capps earned his second national title victory of the year with a trip to the winner’s circle at the National Hot Rod Association (NHRA) SpringNationals near Houston on a day recognized by Mopar fans as HEMI® Day (4/26) named after the legendary 426 HEMI engine which helped power the new 2015 Mopar Dodge Charger R/T to its fifth win in six events since making its debut this season.

Filed Under: Manufacturing Economy
Apr 24 2015
Ford Media Center

On April 23, employees at Troy Design and Manufacturing, a wholly owned subsidiary of Ford Motor Company, celebrated a major milestone – production of Police Interceptor No. 100,000. Since 2012, the 54,000-square-foot Troy Design and Manufacturing upfit facility has been the single source for America’s best-selling line of law enforcement vehicles. Troy Design and Manufacturing has the flexibility to produce between 600 and 1,200 vehicles per week depending on demand. It takes an estimated 5.5 hours for a vehicle to be completely upfitted with law enforcement equipment.

Apr 23 2015
Written by Sean Szymkowski | Posted on GM Authority

It only seems reasonable that with more incoming Cadillacs, there will be V-series editions coming with them. Good news, because Cadillac says more V-series models will find their way into the portfolio with time.

The Detroit Bureau spoke with Dave Leone, Cadillac Chief Engineer, and he confirmed we will see more V products in the future. He also stressed that not every Cadillac will a see a true V-series, a smart move as to not dilute what the “V” badge has come to stand for. That means don’t hold your breath for an Escalade-V or SRX-V (XT5-V).

Filed Under: Manufacturing Economy
Apr 22 2015

For Immediate Release:
April 22, 2015
Contact: Adam Temple
info@americanautocouncil.org
(202) 400-2610


 

AAPC Helps Lead U.S. Automotive Standards Workshop

Apr 22 2015
Chrysler Media Group

Mopar will give a helping hand to young drivers in the Detroit area with an advanced driving program called "Mopar Road Ready," designed to teach safe and defensive driving techniques. Sponsored by the FCA Foundation and supported by Mopar, the program dedicated to training and educating teenage drivers will be available to those between the ages of 15-19 with a learner's or driver's license and at least 30 hours of driving experience.

Filed Under: Manufacturing Economy