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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.

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 $712 billion worth of vehicles and parts. They beat the next best performing sector (aerospace) by $108 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 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. FCA US, Ford and General Motors each invest more each year on research and development than Boeing, Apple and Hewlett-Packard– 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 08 2014
For Immediate Release:
April 08, 2014
Contact: Colin Dunn
(202) 400 - 2609
Mar 19 2014
Written by Anita Lienert | Posted on Edmunds

Production of the 2015 Chrysler 200 kicked off on Friday, with workers reciting a pledge to improve morale and quality inside the plant.

The 2015 Chrysler 200 arrives at dealerships in late spring. The Chrysler 200 starts at $22,695, including a $995 destination charge.

The automaker has invested nearly $1 billion in the Michigan factory that builds the midsize sedan and added 800 jobs to support production.

Filed Under: Manufacturing Economy
Feb 20 2014
Written by PR Newswire | Posted on The Sacramento Bee

AUBURN HILLS, Mich., Feb. 19, 2014 -

Filed Under: Manufacturing Economy
Feb 18 2014
Written by Michael Wayland | Posted on MLive

DETROIT, MI- Vincent B. Tilford and other officials were all smiles when performing their “happy dance” Monday morning in Detroit.

Tilford, Habitat for Humanity Detroit executive director, and a handful of employees/volunteers with the nonprofit agency did the dance -- comprised of hands in the air and spinning -- after accepting a $400,000 check from the GM Foundation.

The check was presented in honor of former General Motors Co. CEO and chairman Dan Akerson and his wife, Karin, for their “commitment to Detroit.”

Filed Under: Manufacturing Economy
Feb 18 2014
PR Newswire
  • Ram Test Track is the first indoor test track at the DFW Auto Show
  • All-new 2015 Chrysler 200 makes Dallas debut
  • 2014 Dodge Journey Crossroad makes Texas debut
  • Ram Truck display features award-winning 2014 Ram 1500 EcoDiesel with best-in-class 28 mpg fuel economy, 2014 Ram ProMaster and 2014 Ram 2500 6.4-liter HEMI® V-8
  • 2014 SRT Viper GTS on display
  • The Chrysler Drive outdoor test track features all-new 2014 Jeep® Cherokee, plus other popular vehicles
  • Enter the 2014 Chrysler Group National Giveaway
Filed Under: Manufacturing Economy