The Auto Industry is a major player in the United States’ economy. Automakers and their suppliers are responsible for 3% of America’s GDP, and no other manufacturing sector generates as many American jobs. The auto industry is also one of the largest investors in research and development in the United States each year, and one of the largest purchasers of commodities such as steel, rubber, glass, and iron.
FCA US, Ford and General Motors contribute more to the United States’ economy than any of their foreign competitors. The three automakers buy more of their vehicle parts and conduct more of their research and development in the United States than any other automakers. In turn, FCA US, Ford, and General Motors employ two out of three of America’s autoworkers, and operate three out of five of the automotive assembly plants in the United States.
FCA US, Ford and General Motors produce over 6 million vehicles in the United States, with the help of more than 232,000 employees, working at more than 220 assembly plants, manufacturing facilities, research labs, and distribution centers. Going forward, it is estimated that automaker and auto supplier employment in the United States will have increased by more than one third between 2011 and 2016.
2014 US Economic Contribution Snapshot
2016 US Economic Contribution Report
For additional information on the U.S. economic contribution of FCA US, Ford and General Motors, please review the 2016 Economic Contribution Report