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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GM says nearly 90% of vehicles will be new or updated by 2016
General Motors expects to redesign, refresh or replace nearly 90% of its vehicles in the North American market from 2013 to 2016, according to a presentation to be made today at a conference in New York.
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General Motors Names BASF As 2012 Supplier Of The Year
For the ninth time in the past 11 years, BASF has received General Motors’ (GM) Supplier of the Year Award.
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2013 Ford Shelby GT500 Mustang is awesome performance car
Nearly a year after race car driver and car designer Carroll Shelby died, his spirit lives on in a 2013 Ford Mustang with the most powerful series production V-8 in the world and unmistakable Shelby Mustang styling.
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Ford Challenges Developers to Tackle Car Data
Ford is taking what may be the first step in creating a new, cohesive, multi-screen, contextually aware experience between smartphones and cars.
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Chrysler is California's fastest-growing automaker for second year
Chrysler Group LLC was the fastest-growing automaker in California for the second year running, the company announced Monday. And its Fiat brand was the fastest-growing brand in the battleground state, with retail sales up 254 percent in 2012 over 2011.