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.
-
2012 Sales Rise For GM, Chrysler, Ford
A resurgent auto industry saw a boost in sales across the board in 2012, led by a 21 percent gain from Chrysler Group LLC.
-
2013 RAM 1500 Wins AOL Autos Truck of The Year
The 2013 Ram 1500 has been named Truck of the Year by the editors at AOL Autos, a website which tests and reports on all new trucks, cars, and SUVs to help interested customers decide on the best vehicles to purchase.
-
Chrysler Hoping Technology Gives Dealers A Service Edge
When a customer rolls into the service bay at Golling Fiat in Bloomfield Hills, they will soon be met by a man armed with an iPad and a wireless transmitter.
-
New Auto Crash Test Dummies Can Better Gauge Safety
It doesn't take a genius to figure out why collaboration accelerates the pursuit of safer vehicles, but a dummy can help.
-
2013 Auto Sales Will Be Strong, Firm Predicts
A healthier economy and more new model introductions should push U.S. auto sales above the 15 million mark this year, predicts an auto industry research firm.