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, AT&T adding 4G, faster Wi-Fi to cars next year
General Motors is announcing Monday that it's teaming with AT&T to bring snappy 4G connectivity to most of its vehicles by 2014, allowing for the kinds of in-car technologies that used to be the stuff of dreams.
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Ford to add 450 jobs at Ohio plant
Ford Motor Co. confirmed Thursday that it is adding 450 jobs at a northeast Ohio plant to increase production of its 2-liter EcoBoost engine.
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How GM Makes $1 Billion A Year By Recycling Waste
If one man’s trash is another man’s treasure, General Motors has the revenue to prove it.
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Chrysler Group's WCM Academy Honored with Manufacturing Leadership Award
Chrysler Group LLC’s World Class Manufacturing (WCM) Academy was recognized today in the 2013 Manufacturing Leadership 100 (ML100) Awards, specifically in the New Workforce category, which identifies companies that involve education and training, knowledge management and transfer, and collaboration with educational institutions.
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Ford to tap social media for 2014 Fiesta
Ford Motor Co. will introduce its refreshed 2014 Fiesta subcompact in much the same way it did when it rolled out the all-new 2011 Fiesta — with a lengthy, social media-driven marketing campaign.