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.
-
Ford Expedition getting dressed up and turbocharged for 2015
Ford’s Expedition has discovered Platinum.
-
Chrysler Bringing Indoor Ram Test Track at Dallas Auto Show
Scheduled to begin tomorrow, the Dallas/Fort Worth Auto Show will allow visitors to test the latest Ram pickup trucks using Chrysler’s indoor test track.
-
Ford Donation Adds Torque to Morrisville State Auto Program
(Morrisville, NY – Feb. 13, 2014) A new acquisition is adding torque to Morrisville State’s automotive technology—Ford ASSET program.
-
2015 Ford F-150 Aluminum Pickup Body Points Toward Fuel-Economy Gains
Making a large, heavy vehicle like a pickup truck economical isn't the easiest of tasks.
-
2014 Dodge Charger and Ram 2500 among the most powerful new cars in Topeka
Briggs Dodge, an automotive dealership located in Topeka, Kan., continues to receive some of the newest Dodge and Ram models in their inventory, and to assis