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Job Creation

From research labs and supplier factories to assembly lines and dealership showrooms, the auto industry supports nearly 8 million jobs, pays $500 billion in annual compensation and generates $70 billion in personal tax revenue in the United States.

And, as low-skill manufacturing has shifted overseas (for example, in textiles or some consumer electronics), the importance of high-skill manufacturing, like automobiles, has risen. With auto sales rebounding from the financial crisis of the 2008 – 2009, automakers’ importance to our economy will continue to grow. Industry experts predict Chrysler, Ford and GM could hire 34,000 new workers over the next four years. And those new jobs will support about 300,000 more new jobs at auto suppliers and other local businesses that serve Chrysler, Ford and GM plants.

Chrysler, Ford and GM are just three of 16 major global automakers competing in the U.S., but they employ two-thirds of America’s autoworkers, purchase nearly two-thirds of the auto parts manufactured here, produce 55 percent of the autos assembled here and conduct most of America’s auto research and development.

Why do Chrylser, Ford and GM contribute so much more to our economy? Because they conduct the bulk of their engineering, manufacturing, marketing and finance work here. Four out of 10 Chrysler, Ford and GM employees are based in the U.S. At Toyota, Honda, Nissan, Hyundai/Kia, BMW, Mercedes and VW (the seven largest foreign automakers), only five in 100 employees are based here. That eight-fold difference translates into millions of U.S. jobs and tens of billions of dollars in parts sales, R&D and capital investment each year.

Jul 03 2014
Ford Media Center

Ford is best-selling brand among American military families, according to Polk vehicle registrations analyzed in an IHS Automotive military sample of 19.3 million households of active, retired or veteran military personnel; Ford has three vehicles in the top 10, with F-150 topping the list

Ford Escape is best-selling sport utility vehicle among American military families and third most popular vehicle overall. In Philadelphia, Detroit and Cleveland markets, Escape is top-selling vehicle among military families

Jul 03 2014
Written by Chris Woodyard | Posted on USA Today

The new 2015 Ford Mustang isn't even out yet and already customizers are letting their dreams run wild.

One of the best in the business, Steve Saleen, has now offered his take. He is showing a picture this week of how he would dress up the new Mustang. He takes the classic approach, with clean horizontal lines and a minimum of clutter, judging from the one front view that he released.

Jul 01 2014
July 1, 2014
 
Secretary Jacob J. Lew                                              Ambassador Michael Froman
Secretary of the Treasury                                           United States Trade Representative
Department of the Treasury                                        Office of the U.S. Trade Representative
1500 Pennsylvania Avenue, NW                                600 17th Street, NW
Washington D.C. 20220                                             Washington D.C.
Jul 01 2014

For Immediate Release:

July 1, 2014
Contact: Colin Dunn
info@americanautocouncil.org
202-400-2609

Coalition of Business Leaders Urge Obama Administration to Address Currency Manipulation

Jun 26 2014
Written by Michael Martinez | Posted on The Detroit News

Chrysler Group LLC will invest $63 million in its Warren Stamping Plant to expand capacity.

The money will be used to buy and install a high-tech, high-speed press line that will increase capacity by about 3.6 million parts per year, the automaker said in a statement Wednesday.

The 65-year-old plant provides parts stamped from sheet metal — hoods, roofs, liftgates, side apertures, fenders and floor pans — for vehicles including the Dodge Grand Caravan, Durango and Dart; Jeep Grand Cherokee; Chrysler Town & Country; and Ram trucks.