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.
-
Chrysler, on the rebound, casts wider net for interns, graduates
DETROIT -- Fiat Chrysler Automobiles is going outside the Midwest to attract young talent and enhance the company’s reputation among college students and gra
-
Chrysler Group’s Toledo Assembly Plant Establishes Permanent Veteran’s Memorial Featuring Toledo-built 1942 Willys Military Jeep
Three Toledo plant retirees and WWII veterans join plant employees for dedication
Vehicle restoration completed by Toledo plant employees
-
GM, University of Michigan Extend Collaborative Research
General Motors and the University of Michigan today announced an agreement to extend their collaborative automotive research efforts through 2017.
-
Ford Focus ST a fun, spirited hatchback
The 2014 Ford Focus ST is a fun-to-drive, spirited hatchback with turbo power, European-style handling, and practical seating and cargo room.
-
Corvette Mods Selling Color-Matched Exterior Parts For Corvette Stingray
Not everyone is into the black painted vents that partially lend to the modern, sporty look of the 2014 Corvette Stingray.