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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.

Dec 06 2013
Written by Manoli Katakis | Posted on GM Authority

Described as “the most track-capable Corvette ever, designed to deliver supercar levels of performance through unique powertrain, chassis and aerodynamic features,” the 2015 Corvette Z06 has just been officially teased by Chevrolet. It’s not much, but here we see the vent at the back of what’s presumably the front fender, along with an aggressive wheel wrapped in Michelin rubber.

Filed Under: Manufacturing Economy
Dec 06 2013
Written by Nick Kurczewski | Posted on Daily News

The 2015 Ford Mustang is completely new in just about every imaginable way, except how it looks.

Ford wasn’t about to ditch the traditional long hood and short rear deck design that have been hallmarks of the Mustang since it broke cover 50 years ago. Yet in every other way, this new Mustang is a quantum leap forward in terms of performance, refinement, and even fuel economy.

Dec 06 2013
Written by Lee Marshall | Posted on WHNT News Channel 19

A load of toys from Lander’s McClarty came in today for our WHNT Kids to Love Christmas for the Kids drive.

Chrysler retirees brought a toy to their monthly luncheon; more than 100 toys were collected for local foster children this Christmas.

Filed Under: Manufacturing Economy
Dec 06 2013
The Sacramento Bee

Chrysler Group LLC has received the inaugural Company of the Year Innovation Award for 2013 from the National Minority Supplier Development Council (NMSDC). The newly-created Innovation Award "recognizes a new corporate method, initiative or process to accelerate and positively impact minority supplier development in support of NMSDC's vision, mission and core capabilities – certify, develop, connect and advocate – with particular emphasis on professional services and non-traditional categories."

Filed Under: Manufacturing Economy
Dec 05 2013
Written by Jerry Hirsch | Posted on Los Angeles Times

Ford Motor Co. unveiled the sixth generation of its Mustang on Wednesday night, nearly 50 years after the original debuted at the New York World’s Fair.

The automaker released photos of the 2015 Mustang and planned to show it off in a global reveal at events in Los Angeles; New York; Dearborn, Mich.; Barcelona, Spain; Shanghai; and Sydney, Australia, on Thursday. The new version of the iconic American sports coupe will go on sale late next year.