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.
-
Dodge Brand Takes to the Road with National ‘Dodge Power Rallye Tour’
With spring just around the corner, it’s time to hit the road, and that’s exactly what the Dodge brand is doing with a nationwide “Dodge Power Rallye Tour” k
-
New Modular Ecotec Engines are More Adaptable, Efficient
A new generation of Ecotec small-displacement engines streamlines General Motors’ global powertrain portfolio with a modular architecture that broadens its a
-
2016 Ford Taurus Will Be Quicker, Lighter
Ford's redesigned 2016 Taurus will be lighter, faster and more fuel efficient when it goes on sale in the third quarter of 2015, Edmunds has learned.
-
Chrysler adding 800 jobs at Michigan plant once slated for closure
A Michigan assembly plant slated for closure just four years ago has now added 800 jobs as Chrysler gets set to ramp up production of its redesigned midsize
-
GM Foundation Donates More than $1.45 Million to Aid Habitat for Humanity
The General Motors Foundation is donating more than $1.45 million to Habitat for Humanity to fund at least 10 new-home builds and 15 neighborhood revitalizat