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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GM Focuses on Logistics to Reduce Carbon Footprint
General Motors is joining the voluntary U.S.
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General Motors to Invest $1.3B in U.S.
General Motors Company announced that it will be investing $1.3 billion in 5 manufacturing plants located in 3 states of the U.S.
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General Motors to invest $1.3 bln in 5 U.S. plants
General Motors Co said on Monday it will invest nearly $1.3 billion at five U.S.
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All-new Ford Mustang is Named 'Official Car' of 2014 International CES; New Technology To Be Announced at Show
The most technologically advanced version of Ford’s iconic pony car will take center stage at the 2014 International CES® as the all-new Mustang is recognize
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Ford to Drive Growth in 2014 with Additional Jobs, Three New Worldwide Plants and 23 Global Product Launches
Ford Motor Company next year will launch 23 new vehicles to customers around the world, open three more manufacturing facilities and add more than 5,000 new