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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


May 29 2015
Written by Melissa Burden | Posted on The Detroit News

General Motors Co. said Thursday it will add back a second shift and 500 workers in late summer, and invest $175 million at its Lansing Grand River Assembly Plant for production of the sixth-generation Chevrolet Camaro beginning this fall.

The plant, which employs about 1,300 hourly and salaried workers on one shift, cut its second shift earlier this year amid slow demand for the Cadillac CTS and ATS cars. About 450 hourly workers were laid off.

May 28 2015
Chrysler Media Group

Cementing its status as an FCA US LLC workhorse, total production of the Pentastar V-6 engine family surpassed the 5-million mark earlier this month.

First introduced in the 2011 Jeep® Grand Cherokee, the Pentastar V-6 is the most advanced six-cylinder engine in the history of FCA US, with an ideal integration of select technologies that deliver refinement, fuel efficiency and performance. Today, Pentastar V-6 engines are available in 14 vehicles from the Chrysler, Dodge, Jeep and Ram brands.

Filed Under: Manufacturing Economy
May 27 2015
Written by Melissa Burden | Posted on The Detroit News

General Motors Co. said Tuesday it will invest $1.2 billion at its Fort Wayne Assembly Plant in Roanoke, Indiana, the latest announcement tied to the company's $5.4 billion in spending at U.S. plants over three years.

The Detroit automaker said Fort Wayne will get a new pre-treating paint operation, plus an expanded body shop; larger material parts sequencing centers; and upgrades to the general assembly area for light- and heavy-duty trucks. Work is set to begin next month and will take several years to finish, GM said.

Filed Under: Manufacturing Economy
May 26 2015
Written by Mike Colias | Posted on Automotive News

Dealers are starving for more hot-selling Chevrolet Colorado and GMC Canyon pickups. And workers at General Motors' St. Louis-area truck plant are starving themselves to eke out a few more of them.

The Wentzville, Mo., factory recently cut an unpaid lunch break, part of a broader schedule reshuffling that eliminated the six-minute production lulls between shifts. The result: An extra 18 minutes of production in a three-shift day, which should translate into more than 3,500 more trucks a year.

May 21 2015
Written by Mark Phelan | Posted on Detroit Free Press

You'd have a hard time proving the **** 2015 Chevrolet Corvette ZO6 convertible isn't the best sports car on Earth.

With 0-60 m.p.h. times as low as of 2.95 seconds — quicker than the moment between your phone's first and second rings — it'd be easy to call the ZO6 scary fast, but there's nothing remotely frightening about Chevrolet's 650-horsepower supercar.

Sure, the Corvette ZO6 is the most powerful Corvette ever, but it's also a great value, remarkably fuel-efficient and so easy to drive you may forget you're at the wheel of one of the world's great cars.

Filed Under: Manufacturing Economy