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Eight of the world’s top 25 corporate investors in R&D are automakers, and the industry ranks third overall, ahead of software, aerospace and electronics manufacturers.
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In the U.S., nearly one in 10 engineers and scientists employed in the private sector work for automakers or auto suppliers.
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Ford and GM outspent global leaders like GE, Oracle, Google, HP, Apple and Boeing. And 80 cents of every dollar FCA US, Ford and GM invest in R&D is spent in the United States.
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Those billions in R&D, and hundreds of billions in new plants and equipment, have translated into unprecedented improvements in passenger safety, air quality, fuel efficiency and new products and features.
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America’s drivers and passengers enjoyed the safest roads on record last year. Vehicle fatalities were the lowest on record, 25 percent lower than they were five years ago, even though Americans collectively drove nearly 3 trillion miles last year.
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Auto emissions are 99 percent cleaner than they were in the 1970s.
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150+ new hybrid, all-electric and hydrogen fuel cell vehicles are currently on the road. FCA US, Ford and GM alone are putting millions of flex fuel vehicles on the road each year.
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2016 model year vehicles will offer 30 percent better fuel efficiency than last year’s fleet. Fleet fuel efficiency averages will reach 35.5 MPG.
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Despite the fact that cars and trucks account for only 20 percent of U.S. greenhouse gas emissions, automakers are the only sector committed to reducing greenhouse gas emissions of new products by 30 percent in just five years.
