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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Ford Motor Company Fund Donates $1 Million to College for Creative Studies
The College for Creative Studies (CCS) announced today that Ford Motor Company Fund will donate $1 million over five years, strengthening its commitment to one of the world’s leading art and design colleges and providing educational opportunities to Detroit youth.
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Chrysler Group Named to DiversityInc 2013 List of '25 Most Noteworthy Companies for Diversity'
The editors of DiversityInc magazine have named Chrysler Group LLC to the magazine's 2013 list of "25 Most Noteworthy Companies for Diversity." This annual benchmark is comprised of companies the magazine's editors believe are diversity-management leaders.
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Breaking down Cadillac's New Headlamp Design
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GM: Chevy's electric Spark will go 82 miles on full charge From The
General Motors Co. said Wednesday its 2014 Chevrolet Spark EV will achieve an Environmental Protection Agency rated range of 82 miles of combined city and highway driving at full charge.
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