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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


Oct 28 2015
Ford Media

Inspired by the all-new Ford F-150, Leaders Farms near Napoleon, Ohio, has created a seven-acre corn maze as a tribute to Ford’s latest half-ton pickup – the toughest, smartest, most capable F-150 ever.

Leaders Farms has been entertaining Midwestern families and local schools for 18 years with challenging corn mazes that can take up to an hour to complete – assuming visitors don’t get lost in the wheels.

Filed Under: Manufacturing Economy
Oct 28 2015
Written by Michael Wayland | Posted on The Detroit News

Spirits were high Monday at General Motors Co.’s Lansing Grand River Assembly Plant, as workers celebrated Chevrolet Camaro production officially returning to the United States for the first time since 1992.

“It’s here. The American muscle car comes back home to Lansing,” said United Auto Workers Local 652 President Mike Green to the cheers of workers. “We’ve been talking about this for four or five years now.”

Oct 27 2015
Examiner

Ford Warriors in Pink launches initiative to help those with breast cancer by partnering with Meal Train and Lyft to provide an easy way to offer support. This initiative consists of scheduling meal deliveries, childcare, rides to treatment facilities and more to breast cancer patients across the country.

Filed Under: Manufacturing Economy
Oct 27 2015
Written by Jack Walsworth | Posted on Automotive News

Chevrolet dealers soon will see the sixth-generation Camaro on their lots.

General Motors said Monday the first wave of 2016 Camaros will leave the company’s assembly plant in Lansing, Mich., by the end of the week. The cars should arrive at dealerships for customer delivery by mid-November.

GM said the first Camaros to be shipped will be 6.2-liter, V-8-engine-powered SS coupes and 3.6-liter, V-6 engine LT coupes.

Production and shipment of the convertible and models with a 2.0-liter turbo engine will follow in early 2016.

Filed Under: Manufacturing Economy
Oct 26 2015
Ford Media

Featuring up to 727 horsepower, the new Petty’s Garage 2016 Mustang GT King edition means that Ford’s pony will be hell for some cats.

Petty’s Garage – the in-house speed shop of NASCAR legend Richard “The King” Petty – returns with a limited number of highly modified Mustang GTs built to the specifications of The King himself.

Filed Under: Manufacturing Economy