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.
-
GM lists price of 2015 Corvette Z06 starting at $78,995
General Motors Co.
-
10 driver friendly features the Ford F-150 team thought of so customers wouldn’t have to
There are 10 features of the all-new 2015 Ford F-150 pickup that were designed to satisfy customers without them ever even noticing.
-
Ram Launches 2015 Heavy Duty Models with a Trifecta of Claims: Best-in-class Power, Towing Capacity and Payload Capacity
Ram takes heavy-duty towing and hauling seriously.
-
Chevy rolling out Silverado Rally editions
General Motors Co.’s Chevrolet brand is rolling out special Rally editions for its 2015 Silverado pickup, giving the trucks a unique appearance complete with
-
Oscar-winning actor McConaughey to pitch Ford's Lincoln brand
Lincoln Motor Co. is tapping Oscar-winning actor Matthew McConaughey to help transform the company and reach a broader audience.