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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The Ford Mustang Concepts that Never Made It to Production
As part of the celebrations leading up to the 50th anniversary of the Mustang on April 17, 2014, and the launch of the all-new 2015 Mustang, Ford has released photos of some of the pony car studies that never made it to production.
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The Mission Of GM’s Blue Suit Crew Is A Perfect Paint Finish
Outside of a vehicle’s exterior design, it’s highly likely that the color is the most noticeable and memorable. And while paining a vehicle might be seen as mundane and commonplace, the process is anything but, involving an intricate chemical operation necessitating constant scientific monitoring.
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General Motors Investing $500M in Texas
General Motors plans to invest more than $500 million to improve its Arlington assembly plant in Texas, reports CBSDFW.Com.
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Chevy Silverado teams up with University of Texas
General Motors Co. said Monday it has entered into a multi-year sponsorship with the University of Texas Athletics program in which the Chevy Silverado pickup will serve as the official truck of the Texas Longhorns and will pull Bevo, the Longhorns’ live mascot, to events.
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Cadillac shows off big Elmiraj luxury car, again
Cadillac took a step closer to producing a new large flagship vehicle for Cadillac with the introduction of the Elmiraj grand coupe concept.