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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 $74 billion. Last year alone, automakers and suppliers out-exported the aerospace industry by $20 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 13 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, eight out of the world’s top 25 corporate investors in research and development are automakers. GM and Ford each invest more each year on research and development than Boeing, Amgen and Google – 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.

Oct 08 2014
Ford Media Center

Ford Motor Company Fund is joining with the UAW to donate $200,000 to support arts, music and athletics in Detroit Public Schools, part of more than $1 million in new SCHOLARSHIPS, grants and career outreach programs that Ford’s philanthropic arm is launching this month to further its commitment to education.

Filed Under: Manufacturing Economy
Oct 06 2014
Written by Tm Esterdahl | Posted on GM Authority

Cadillac has announced a title sponsorship of the 2015 World Golf Championships match play events. These events bring the world’s best golfers to play a single elimination match play tournament.

Currently, Cadillac is the title sponsor for the WGC-Cadillac Championship at Doral, Florida. With changes coming to the WGC including moving away from its long-time site in Tucson, Arizona, the PGA tour was looking for an overall title sponsor and Cadillac stepped up.

Filed Under: Manufacturing Economy
Oct 06 2014
Chrysler Media Group

One-hundred years after John and Horace Dodge created the Dodge Brothers Motor Car Company, the brothers’ spirit lives on in a new advertising campaign launching this weekend with television spots for the 2015 Dodge Challenger.

Filed Under: Manufacturing Economy
Oct 03 2014
Written by Governor Matt Blunt | Posted on The Hill

 

Manufacturing Day 2014 - A Time to Recognize Chrysler, Ford and GM

Today, Oct. 3rd, Americans and businesses will come together across the nation to recognize the importance of manufacturers to the United States economy and communities in all 50 states. As Americans take note, there is no better example of the contribution of manufacturers to the nation than that made by Chrysler, Ford and GM.

Oct 03 2014

 

 

10 Manufacturing Facts about the U.S. Automakers