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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Fusion Leads U.S. Cars Driving Sales Gains Eluding Camry
A commercial showing the new Ford Fusion being driven off a cliff led David Bowhall to visit a dealer last month for a test drive. The owner of four Mercedes- Benzes in the last five years said it wasn’t much of a leap.
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Stars of the New York International Auto Show
The New York auto show marks the last of the big, new model unveilings until the Fall, and this year features some remarkable unveilings, along with a hefty helping of SUVs.
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Chevy to show 2014 Impala at opening games in Major League parks, including Comerica
General Motors Co.'s Chevrolet brand is hoping a beloved American pastime will help sell the all-new 2014 Impala.
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Chrysler expects sales in March to be up for 36th straight month
Chrysler Group LLC's sales chief said Thursday he is predicting March will be the 36th straight month of year-over-year sales gains for the Auburn Hills automaker.
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Durango shows off new face
Chrysler Group LLC will today unveil a significantly refreshed version of its Dodge Durango sport utility vehicle at the New York International Auto Show. It's another example of the automaker's effort to turn around its product lineup.