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.
-
Chrysler Group LLC Scoops Up Nine Awards at 24th Annual Texas Truck Rodeo
Jeep® and Ram Truck brands took top awards at the 2014 Texas Auto Writers Association (TAWA) Texas Truck Rodeo.
-
GM Working on 200-Mile EV Based on Chevrolet Sonic
General Motors will introduce a third electric model to the Chevrolet lineup, one that's said to be based on the Chevy Sonic and will travel 200 miles on a s
-
2014 Ford Transit Connect Titanium Wagon Review: Works Like a Minivan, Drives like a Small Sedan
The 2014 Ford Transit Connect Wagon was delivered to my house with “#Unminivan” sprawled across the sides and back, but while this funky little European conv
-
Wrangler Announcement Alludes to Possibility of a Jeep Pickup
With all the attention Ram has been getting lately due to its impressive U.S.
-
Cadillac CT6 PHEV To Achieve More Than 70 MPGe, General Motors Says
Earlier this month, General Motors product chief Mark Reuss revealed Cadillac’s upcoming CT6 full-size sedan will be available as a plug-in hybrid and will b