The U.S. Auto Industry is a Leader in Research & Development
Automakers and their suppliers are the world’s third biggest investor in R&D.
Designing and producing autos is a massive engineering challenge, which is why automakers and their suppliers invest approximately $130 billion in R&D each year – behind only pharmaceuticals and technology hardware.
American Automakers are Leaders in Research & Development and Innovation
In the U.S., automakers and their suppliers invested approximately $23 billion in 2018, representing approximately $1,333 of R&D for each car sold here that year, on average.
Over the past decade, automaker R&D has driven braking technology from anti-lock brakes (which help a driver brake faster) to electronic stability control (which keeps a vehicle moving safely when the driver has lost control), to automated emergency steering systems (which control braking, steering, and throttle functions)
Meanwhile, research into the use of new materials, better joining (welding, fasteners, adhesives), and fabrication could reduce a vehicle’s body weight by 10% to 20% from 2014 through 2020.
FCA, Ford, and General Motors each spend more per year than General Electric, Boeing, AT&T, and Tesla.
-
First Drives: 2015 Chrysler 200C V6
For the first four months of last year, more than half of all Chrysler 200 sedans were sold as fleet vehicles.
-
AAPC Releases 'State of the U.S. Auto Industry 2014'
For Immediate Release:
-
2015 GMC Yukon 4WD
When it's a matter of go big or stay home, the first question becomes “how big is enough?” At GMC stores, the latest available answers are the new for 2015 Y
-
Ford rolls out new options for the 2015 Explorer
Ford is debuting a few new things in the 2015 Explorer, as the fifth-generation SUV enters its fifth year of production.
-
Jeep Grand Cherokee SRT8 and Dodge Challenger SRT8 tweaked by O.CT Tuning
O.CT Tuning has performed several upgrades on the SRT8 versions of the Jeep Grand Cherokee and Dodge Challenger.