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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Chevy to show sporty car concepts at SEMA Show
General Motors Co.'s Chevrolet brand will showcase performance concepts of several cars during the Specialty Equipment Market Association (SEMA) Show next mo
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Love Mustangs? There's an app for that
Love Mustangs? There's an app for that.
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2015 Jeep® Grand Cherokee and Dodge Durango Named Must-Shop SUVs for Towing From AutoTrader.com
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Silverado transforms into off-road Reaper
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All-New Ford F-150 Boxlink, LED Box Lights and Remote Tailgate Release Revolutionize Truck Bed Cargo Management
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