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Manufacturing Economy

From research labs to dealership lots, the auto sector supports nearly 8 million U.S. jobs. Exports. The auto industry is America’s largest exporter. Over the past six years, automakers and suppliers have exported nearly $600 billion worth of vehicles and parts. They beat the next best performing sector (aerospace) by $143 billion. Last year alone, automakers and suppliers out-exported the aerospace industry by $17 billion.

Raw Materials and Parts.
The U.S. auto industry is one of the largest consumers of domestic raw materials and parts. Last year, automakers sold nearly 17 million cars in the U.S., and each contained between 8,000 to 12,000 parts, using more than 3,000 pounds of iron, steel, rubber, glass and semiconductors. Approximately 686,000 Americans work at the plants, offices and research labs that produce those parts and materials.

American Research & Development.
Designing those 8,000 to 12,000 auto parts and helping put them together makes autos among the most engineering-intensive industries in the world. In fact, seven out of the world’s top 25 corporate investors in research and development are automakers. General Motors and Ford each invest more each year on research and development than IBM, Qualcomm, and General Electric – and 80 cents of every dollar they invest in research and development is spent here in the U.S. Thanks largely to this investment, nearly one in 10 engineers and scientists in private sector R&D work for an automaker or supplier.

From research labs to dealership lots, the auto sector supports over 7 million U.S. jobs.

Exports:

The auto industry is America’s largest exporter. Over the past six years, automakers and suppliers have exported over $706 billion worth of vehicles and parts. They beat the next best performing sector (aerospace) by $104 billion. Last year alone, automakers and suppliers out-exported the aerospace industry by $17 billion.

Raw Materials and Parts:

The U.S. auto industry is one of the largest consumers of domestic raw materials and parts. Last year, automakers sold nearly 17 million cars in the U.S., and each contained between 8,000 to 12,000 parts, using more than 3,000 pounds of iron, steel, rubber, glass and semiconductors. Approximately 686,000 Americans work at the plants, offices and research labs that produce those parts and materials.

American Research & Development:

Designing those 8,000 to 12,000 auto parts and helping put them together makes autos among the most engineering-intensive industries in the world. In fact, seven out of the world’s top 25 corporate investors in research and development are automakers. FCA US, Ford and General Motors each invest more each year on research and development than IBM, Qualcomm, and General Electric – and 80 cents of every dollar they invest in research and development is spent here in the U.S. Thanks largely to this investment, nearly one in 10 engineers and scientists in private sector R&D work for an automaker or supplier.

Market Share vs. Jobs Share vs. Parts Share


Aug 28 2015
GM News

No sooner had employees at Flint Engine Operations reached one milestone – 1 million 1.4-liter engines produced – that transition began to production of a new global engine for the next-generation Chevrolet Cruze and Volt.

Flint Engine, which opened in 2002, is in the midst of a $200-million upgrade that will see 1.4-liter engine production end this week and the new Ecotec small gas engine production start by year’s end.

Aug 27 2015
Written by Patrick George | Posted on Jalopnik

The next Dodge Charger will ride on the same platform as the upcoming Alfa Romeo Giulia and has looks that resemble this 1999 concept car, according to Fiat Chrysler dealers in Las Vegas invited to see the car at a closed event on Monday. Also, there’s a convertible on the way called the Barracuda, too!

Filed Under: Manufacturing Economy
Aug 24 2015
GM News

Pontiac High School students returning to classes this week are being greeted by a new, massive “PHOENIX PRIDE” sign that represents more than the school’s mascot. Ten of their classmates helped refurbish several areas of Pontiac this summer as members of the GM Student Corps.

Aug 24 2015
Written by Craig and Deanne Conover | Posted on Daily Herald

It seems to us that over that past few years, minivans have lost much of the appeal that has previously been enjoyed with the mommy set. As millennial’s transform into motherhood and start families of their own, they are looking for a more athletic looking larger vehicle to transport the little ones and enjoy their free time as much as possible, without being tied to the pavement all the time.

Aug 24 2015
Ford Media

Ford Performance engineers are busying trail testing prototypes of the all-new F-150 Raptor, the toughest, smartest and most capable Raptor ever. The all-new Raptor is able to tackle even tougher hills, ruts and bumps along trails than the previous model. Here an early engineering prototype that combines parts from the 2017 Raptor with the 2015 F-150 climbs tight two track trails in Northern Michigan, where the team is testing the new truck’s components over challenging terrain.

Filed Under: Manufacturing Economy