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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.

Nov 06 2013
Written by Jake Lingeman | Posted on Autoweek

Dodge and Mopar are bringing the Shaker hood back from the dead at the 2013 SEMA Show. The blurry-lettered scoop and high-flow air filter will make their next appearance on the 2014 Dodge Challenger R/T Shaker in Las Vegas. The company will also show off its new Scat Pack upgrades and its annual Mopar vehicles.

Nov 06 2013
Written by Michael Wayland | Posted on MLive

Chrysler Group LLC is shaking things up at the 2013 Specialty Equipment Market Association Show.

As part of showcasing 20 customized vehicles at the Las Vegas show this week, the Auburn Hills-based automaker Tuesday announced the resurrection of the ''Scat Pack" club and performance kits and the Dodge Challenger R/T with a ''shaker'' hood.

''We're going to help move Dodge forward by going a little throwback,'' said Tim Kuniskis, Dodge CEO and president, during the unveiling, which was livestreamed online.

Nov 05 2013
Written by Melissa Burden | Posted on The Detroit News

General Motors Co. on Monday revealed nine Chevrolet performance concepts and six SUV and truck concepts a day ahead of the Specialty Equipment Market Association (SEMA) Show in Las Vegas, including a new 2014 COPO Camaro production drag-racing model that will be limited to just 69 cars.

Nov 05 2013

The General Motors Foundation is giving $150,000 to Mothers Against Drunk Driving.

The donation is to go toward expanding prevention education initiatives and providing support services to victims of drunk-driving crashes and their families.

MADD National President Jan Withers says the GM Foundation's contribution will help her group "serve more drunk-driving victims and prevent underage drinking."

Filed Under: Manufacturing Economy
Nov 05 2013
Written by Daniel Miller | Posted on The Motley Fool

Ford researchers are experimenting with vehicles that produce as much as 250 gigabytes of data per hour, which the company believes it can use to strengthen its business and reduce environmental impact.

"There are so many amazing possibilities to consider for the future impact of data," said John Viera, global director of sustainability and vehicle environmental matters, in a press release touting the company's efforts to use Big Data to "stay green." "The possibilities are not only exciting, they are, in fact, almost endless," Viera said.