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.
-
NAIAS debuts smartphone app giving access to auto show photos
The organizers of the North American International Auto Show are debuting a new smartphone application that allows users to view photos from auto shows aroun
-
Louisville Ford plant will build new Lincoln SUV
Ford Motor Co.
-
Ford Wins Hottest Car and Truck Awards at SEMA
Ford Motor Company announced that the Ford Mustang and Ford F- Series are officially the "Hottest Car and Truck" at the 2013 Specialty Equipment Market Assoc
-
GM: New Chevy Colorado to debut at 2013 LA Auto Show
The all-new Chevrolet Colorado will make its world debut next week at the 2013 Los Angeles Auto Show, according to General Motors Co.
-
Chrysler mimics human lung to broaden CNG use
Chrysler Group says it has developed a tank to store compressed natural gas that mimics human lungs and will allow the cheaper fuel source to more easily be