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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Pickups: America Falls Back in Love
Texas is pickup truck country and the front line in an expanding battle among auto makers to load up on profits from pickups, one of the richest businesses up for grabs as the global auto business roars back to life.
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Chrysler announces new Dodge Dart special editions
Chrysler Group LLC will add a few new special-edition packages to its Dodge Dart lineup.
The Auburn Hills-based automaker today announced that two new 2013 Dodge Dart “Special Edition” packages and a new Rallye Appearance Group are available in Dodge dealerships across the U.S.
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GM to Source Small Cargo Vehicle from Nissan for U.S., Canada Markets
General Motors Co. and Nissan announced today the companies have signed an agreement for Nissan to produce a small cargo vehicle that GM will sell in the United States and Canada.
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Big 3 dominate vehicle quality survey, take or tie for 12 top spots
For the first time in more than a decade, the biggest U.S. automakers had a majority of category winners in a survey of vehicle quality, taking or tying in 12 of 21 segments.
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Ram Truck Brand Awards Scholarship Funding to Future Farmers of America Members
As part of a long-standing partnership with the National Future Farmers of America Organization (FFA), the Ram Truck brand is funding nearly 80 scholarships to FFA members across the country. The Ram Truck brand has awarded approximately $600,000 in scholarships throughout its 29 year sponsorship of the FFA scholarship initiative.