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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


Jul 22 2015
Written by Staff | Posted on Fiat Chrysler Automobiles

 Mercury Nashville recording artist Easton Corbin has partnered with Ram Trucks to debut a new song titled “Let’s Ride.” The song, inspired by Ram trucks, will be featured in

Filed Under: Manufacturing Economy
Jul 22 2015
Written by Melissa Burden | Posted on The Detroit News

General Motors Co. said Monday it will offer this fall a 2016 Buick Encore Sport Touring model that gets special exterior design features and a new 1.4-liter turbocharged engine.

Filed Under: Manufacturing Economy
Jul 21 2015
FCA US Media

The one millionth TorqueFlite 845RE eight-speed automatic transmission produced at the FCA US LLC Kokomo Transmission Plant (Ind.) rolled off the assembly line today. The occasion was marked with a celebratory town hall to recognize the nearly 3,000 hourly employees whose commitment made the milestone possible.
 

Filed Under: Manufacturing Economy
Jul 21 2015
Written by Edward A. Sanchez | Posted on Truck Trend

Over the last 20 years, fullsize trucks have grown to be bigger than ever, and their styling has, at least visually, become more and more chiseled and angular. It would seem this trend toward bigger, blockier styling would give these modern beasts of burden the aerodynamics of the proverbial barn door. However, thanks to computer-aided design and extensive wind tunnel testing, today’s trucks are slicker than ever cutting through the air.

Jul 20 2015
FCA US Media

The FCA Foundation, the charitable arm of FCA US LLC, today awarded grants totaling more than $62,000 to 17 Kokomo and Tipton-area community organizations and programs that serve youth development & education, senior citizens, veterans and multicultural activities. The announcement came during a gathering of 40 community leaders at the Indiana Transmission Plant I in Kokomo.