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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


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
Feb 17 2014
PR Newswire

Briggs Dodge, an automotive dealership located in Topeka, Kan., continues to receive some of the newest Dodge and Ram models in their inventory, and to assist consumers in researching the recent additions, the dealership continues to update their arsenal of model-specific Web pages. This month the dealership is focusing on some of the more powerful models in the inventory.

Feb 14 2014
Written by Tyrel Linkhorn | Posted on The Toledo Blade

A new engine Ford Motor Co. will offer in its next-generation F-150 pickup is expected to be built at the company’s Lima Engine Plant, creating several hundred jobs.

The 2.7-liter turbocharged V-6 will come standard with fuel-saving start-stop technology — the first time that has been offered in a truck. Ford says the engine has the same performance as a midrange V-8 without nearly the same thirst for fuel.

Feb 14 2014
Written by Nathan Bomey | Posted on The Detroit Free Press

General Motors is expected to add 400 jobs this year at three plants that were temporarily idled during the automaker’s Chapter 11 bankruptcy, but later reopened, according to a new study.

GM’s Orion Assembly plant and Pontiac Metal Center in Michigan and Spring Hill Assembly plant in Tennessee employed 3,000 workers in 2013, according to the Ann Arbor-based Center for Automotive Research.

Those three facilities are expected to employ 3,400 workers in 2014, the nonprofit estimated in a study financed by the UAW-GM Center for Human Resources.

Feb 13 2014
Fox News

Had enough of this winter yet?

Next year might not be so bad…if you own a pickup.

Ford has announced at the Chicago Auto Show that it will be offering a snow plow prep package on the all-new 2015 F-150 when it goes on sale later this year.

Available on most 4x4 models equipped with the 5.0-liter V8 engine, the dealer installed package adds the wiring, cooling and other features needed to accommodate a plow up to 450 pounds.