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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.

Feb 04 2014
Written by KTVI | Posted on Fox 2 Now

The General Motors plant in Wentzville is hiring. The chairman of the United Auto Workers Union says the plant is hiring between 35 to 50 workers a week and it will continue to over the next few months.

 

Feb 04 2014
Ford News

DEARBORN, Mich., Feb. 3, 2014 – Ford Motor Company January sales of 154,644 total vehicles are down 7 percent from a year ago, while retail sales of 113,721 vehicles are off 5 percent. Ford Mustang and Lincoln brand vehicles posted gains in the first month of 2014.

Filed Under: Manufacturing Economy
Feb 03 2014
Written by Brent Snavely | Posted on Detroit Free Press

With its three Super Bowl commercials, Chrysler once again logged a performance that will be talked about as inspirational and hotly debated.

Fiat Chrysler Automobiles, General Motors and Ford all saved at least one of their Super Bowl ads for the big game instead of releasing them in advance and all three scored big points with commercials that were at times funny and at times emotionally powerful.

Feb 03 2014
Written by Dale Buss | Posted on Forbes

“Detroit” gave way to “America” in Chrysler’s widely awaited Super Bowl commercial this year, as the brand finally pivoted from its “Imported From Detroit” tag line after using it for three years.

“America’s Import” was the new signature line at the end of the Chrysler-brand anthem ad during the game’s third quarter, starring Bob Dylan from start to finish as narrator, protagonist and inspiration in a commercial that at least nominally was about the new 2015 Chrysler 200 sedan.

Jan 31 2014
Chrysler Media

January 31, 2014 , Auburn Hills, Mich. - Building on the Dodge Journey’s best sales year ever in 2013, the Dodge brand is introducing a new Journey model – the 2014 Dodge Journey Crossroad – at the 2014 Chicago Auto Show. 

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