Eight of the world’s top 25 corporate investors in research and development are automakers. The industry ranks third overall, ahead of software, aerospace and electronics manufacturers.
In fact, Ford and GM each invested more in R&D last year than Boeing, Amgen and Google. And 80 cents of every dollar AAPC’s members invest in R&D is spent here in the U.S. That’s one reason why a recent study by the National Science Foundation found that nearly one in 10 engineers and scientists employed in the private sector works for an automaker or an auto supplier.
All this investment in R&D has translated into unprecedented improvements in passenger safety, air quality, fuel efficiency and new products and features. Last year was the safest year on our highways ever recorded, despite the fact that Americans drove nearly 3 trillion miles. Auto emissions are 99 percent cleaner than they were in the 1970s, and our members’ vehicles will be 30 percent more fuel efficient in 2016 than they were just last year.
Today, American car buyers can choose from more than 150 hybrid, all-electric and hydrogen fuel cell vehicles, and Chrysler, Ford and GM alone are putting millions of flex fuel vehicles on the road each year.
SAARLOUIS, Germany, June 12, 2013 – Ford Motor Company today began a new chapter in its vehicle manufacturing history with the start of production of the all-new Focus Electric – the first full-electric vehicle to be built by Ford in Europe – in Saarlouis, Germany.
The zero-emission Focus Electric is spearheading Ford’s line-up of electrified and highly fuel-efficient vehicles, and will be joined in Europe by the C MAX Energi plug-in hybrid electric vehicle (PHEV) next year, followed by the all-new Mondeo Hybrid soon after.
DETROIT – Imagine quick off-the-line acceleration reminiscent of a classic muscle car combined with the efficiency of a fuel-sipping compact sedan. Dream on? Believe it. The all-new 2014 Chevrolet Cruze Clean Turbo Diesel uses a turbocharging feature called “overboost,” but still gets the best highway fuel economy of any non-hybrid passenger car in America.
June 11, 2013 , Auburn Hills, Mich. - The Fiat 500 and 500c by Gucci Edition, the perfect combination of Italian craftsmanship and style in a small car, brings two of Italy's most respected brands together for an encore. The new limited-edition 2013 Fiat 500 and 500c Gucci Edition models will return to America with a new discrete appearance inside and out while continuing to meet the popularity and market demand of the previous edition.