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.
-
7 Million Adventures: Ford Explorer Marks US Sales Milestone as New Model Ready for Reveal at Los Angeles Auto Show
Ford Motor Company announced the 7-millionth Explorer sold in the United States today, sealing the vehicle’s position as America’s favorite SUV.
-
Five Chrysler Group Models Named 2015 Best Buys from Consumer Guide® Automotive
The automotive editors at Consumer Guide® awarded five Chrysler Group vehicles the 2015 Best Buy distinction.
-
The Cargo Management System Of The 2015 Chevrolet Silverado High Desert Concept: Feature Spotlight
Remember the beautifully upscale, while off-road-ready, Chevrolet Silverado High Desert concept from this year’s SEMA trade show?
-
Ford in vanguard of aluminium revolution
Visiting the body shop at Ford’s vast River Rouge site is a disorienting experience.
-
Show-stopping addition to the legend of Jeep Wrangler
It takes a special vehicle to be considered a showstopper at the Specialty Equipment Market Association (SEMA) Show.