The U.S. Auto Industry Drives Domestic Job Creation
From research labs and supplier factories to assembly lines and dealership showrooms, U.S. automakers, their suppliers, their dealerships, and the local businesses that support them are responsible for more than 7.25 million U.S. jobs. No manufacturing sector employs more U.S. workers.
Together, the 15 major automakers competing in the U.S. directly employ about 388,000 U.S. workers. FCA US, Ford, and General Motors employ 238,000 of these U.S. workers, meaning that FCA US, Ford, and General Motors employ nearly 2 out of 3 of America’s autoworkers.
The fact that FCA US, Ford, and General Motors account for 64% of U.S. auto jobs is remarkable, especially considering that they account for only 44% of U.S. market share.
FCA US, Ford, and General Motors produce more of their vehicles here, conduct more of their research here, and buy more of their parts here. As a result, they have based nearly seven times more of their global workforce in the U.S. than their competitors.
US Employment (YE 2018)
FCA US/Ford/ General Motors employ 2 out of 3 of America’s autoworkers, translating to 238,000 jobs.
Industries with Top 10 Highest Job Multipliers (2018)
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GM's Akerson awards two college scholarships to students from hometown
General Motors Co. Chairman and CEO Dan Akerson on Thursday returned to his hometown of Mankato, Minn., to award two students at Mankato West High School with new college scholarships each worth $40,000.
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Car Makers Rev Up Production Plans
U.S. auto makers are accelerating production lines and, in some cases, even canceling the North American industry's traditional summer factory shutdowns to meet strong demand.
The plans highlight the Detroit Three auto maker's recent market share gains against Japanese rivals and the auto industry's prime position in the U.S. economic recovery. Car sales have roared ahead this year even as retail spending on clothing and other goods remains tepid.
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Ford ramping up production in Louisville
Ford Motor Co. plans to ramp up production to meet growing demand.
The Dearborn, Mich.-based auto giant plans to idle its plants for one week this summer, as opposed to the usual two weeks, so it can produce an additional 40,000 units, according to a news release from the company.
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With U.S. market share surging, Ford ramps up production capacity
Ford Motor Co. is expanding its production capacity to take advantage of the shift in buyer sentiment toward smaller cars and SUVs and for F-series truck sales spurred by the housing market recovery.
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Rising car sales shrink annual summer plant shutdowns for Detroit's Big Three
Summer vacation will be cut short for more auto factory workers this year, as carmakers try to keep up with heightened demand.
Detroit automakers plan to reduce their annual two-week July shutdowns at dozens of North American plants that produce popular models such as Ford Motor Co.’s F-Series pickup trucks and Chrysler Group LLC’s Jeeps.