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 unveils special logo to commemorate Mustang's 50th anniversary
Ford said today that 50 companies will sell special products such as jackets, shirts, watches and even pinball machines to commemorate the 50th anniversary of the Mustang.
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Chrysler's new Cherokee more streamlined, more car-like
In automotive circles, the Cherokee name has a lot of history and brand equity.
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New York auto show leans to luxury
Automakers are hoping to highlight design, entertainment and manufacturing in their latest models that debut at the New York International Auto Show this week.
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NY Auto Show preview: Detroit buddies Chrysler and Carhartt team up to debut special edition 200 S
Building on its “Imported from Detroit” tag, Chrysler has teamed up with the Detroit-based apparel company, Carhartt, to produce a special edition 200S called the “2013.5.” The 2013.5 is based on the Chrysler 200 “S” packages, which includes standard features like custom 18-inch aluminum wheels, premium leather seats and a Boston Acoustic premium sound system.
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Legendary Detroit Companies Carhartt and Chrysler Team Up to Introduce a Car that Personifies Hard Work and Rugged Perseverance - the 2013.5 Chrysler 200 S Special Edition Mid-size Sedan
Hard work, perseverance, determination, never letting go of your dreams – all values that could describe Carhartt and Chrysler. These Detroit-based leaders in their industry have all persisted through good times and bad and continue to achieve the dreams they set out to accomplish.