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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


Jun 16 2015
Written by By Kevin E. Frazier | Posted on FCA

Since Grammy® Award-winner Miranda Lambert debuted “Roots and Wings” – a song Lambert wrote especially for the Ram Truck brand and the cornerstone of a Ram Truck marketing initiative – there has been much fan excitement and interest in the song.  So much so, that Lambert decided to create a long-form commercial featuring additional verses of the song never heard before.

Jun 15 2015
Written by Michael Wayland | Posted on The Detroit News

Ram Truck's two newest 1500 models will drive into U.S. showrooms this summer with new grilles, added features and high-end sticker prices.

The Fiat Chrysler Automobiles brand on Tuesday announced the 2015 Ram 1500 Rebel, an aggressive-looking pickup with off-road features, and the redesigned luxury 2015 Ram 1500 Laramie Limited will start at $42,790 and $50,675, respectively.

Both pickups feature prominent "Ram" badging and new grilles that deviate from the brand's cross-haired design for the first time in more than 20 years.

Jun 12 2015
Written by Ann M. Job | Posted on The Detroit News

Trucks aren’t bare-bones workhorses anymore and GMC’s new Sierra HD All Terrain pickup proves it.

With standard fancy chrome wheels, leather-trimmed seats with accent stitching, standard four-wheel drive, technology that reads text messages to you and turns the truck into a Wi-Fi hotspot, the 2015 Sierra HD All Terrain pickup is a modern workman’s command center and reliable Jack-of-all-trades.

Filed Under: Manufacturing Economy
Jun 08 2015

For Immediate Release:
June 8, 2015
Contact: Adam Temple
info@americanautocouncil.org
(202) 400-2610

 

FCA US, Ford, and GM Lead Made-In-America Index
 

Filed Under: Manufacturing Economy
Jun 01 2015
Written by Melissa Burden | Posted on The Detroit News

General Motors Co.’s Buick brand is cutting the starting price on its 2015 Regal and Verano sedans by more than $2,000 each, by introducing two new 1SV base models. The automaker said the move helps it better compete and attract customers looking for bargains and value.

Filed Under: Manufacturing Economy