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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.

Jan 06 2014
Written by Craig Trudell | Posted on Journal Gazette

There are beer cans, and then there are Humvees. Ford will take pains to show its new, aluminum F-150 pickup has more in common with combat vehicles.

Jan 03 2014
4-Traders

Americans headed for local car dealers en masse last month, taking advantage of year-end closeouts, sweet leases and inexpensive financing to boost the industry log its strongest sales year since 2007.

Most major automakers, who report sales on Friday, were expected to report gains for the year. But there were signs in December that 2014 could bring more price competition and better deals for consumers as U.S. auto sales growth starts to slow.

Jan 02 2014
Written by Associate Press | Posted on The Detroit News

Ford says retail sales have risen 15 percent through November of this year.

The automaker says it expects to sell at least 2.4 million Ford-brand vehicles this year, enough to make it North America’s top-selling brand. It says it expects December sales to “grow substantially” compared to last December.

Jan 02 2014
Written by AP | Posted on ABC News

Ford plans to unveil at this month's International CES gadget show a solar-powered concept car that offers the same performance as a plug-in hybrid but without the need for a plug.

The C-MAX Solar Energi Concept car uses a gasoline engine combined with a gizmo that acts like a magnifying glass to concentrate the sun's rays on the vehicle's roof-mounted solar panels. The automaker says the vehicle's estimated combined city-highway mileage is 100 mpg.

Dec 30 2013
Chrysler Media Page

As part of its overall continued commitment to Detroit community, the Jeep® brand will sponsor this year’s upcoming 2013 Little Caesars Pizza Bowl, where the Bowling Green Falcons and Pittsburgh Panthers will go head to head at Ford Field the evening of Thursday, December 26. In addition to its sponsorship of the event, the Jeep brand will donate 250 tickets for the game to local charities and organizations, including the Jalen Rose Leadership Academy staff members, students and their families. For information on tickets, go to www.FordField.com.