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.
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General Motors Co.’s Cadillac brand on Tuesday is set to showcase its newest offering and first compact luxury coupe: the 2015 ATS Coupe.
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DETROIT — Some call it a game-changer. Some just shake their heads.
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Aluminum Revolution: Ford introduces a new F-150
Ford pickups have been doing the country’s work for 66 years. They've hauled grain, towed logs and plowed snow.
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Detroit auto show: Ford F-150, Chrysler 200 start the party
Ford aims to reinvent the pickup before most people are even in the office today, and that’s just the start of the news coming from the North American Intern
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