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.
-
Jeep Breaks Sales Record, On Track For 800K Goal
Last year was the best year ever for Chrysler Group LLC's Jeep brand, which sold more than 700,000 vehicles worldwide for the first time.
-
Chrysler Says 2013 Ram 3500 Can Tow 30,000 Pounds
For the real truck lovers, it's the towing that matters.
-
Dodge Dart GT To Come With Higher Performance Engine Option
Chrysler said today the Dodge Dart GT will offer a slightly peppier third engine, beginning in June, for those considering the company’s compact model.
-
Ford, GM Roll Out Red Carpet For App Developers
Ford Motor and General Motors announced big steps Monday to create more apps for their respective infotainment systems.
-
Automakers Touting More In-Vehicle Technologies
Many of the world's largest automakers are showing off new in-vehicle technologies at the annual consumer electronic show here, as drivers demand to stay connected behind the wheel and cars get smarter to help avoid crashes.