The U.S. Auto Industry is a Leader in Research & Development
Automakers and their suppliers are the world’s third biggest investor in R&D.
Designing and producing autos is a massive engineering challenge, which is why automakers and their suppliers invest approximately $130 billion in R&D each year – behind only pharmaceuticals and technology hardware.
American Automakers are Leaders in Research & Development and Innovation
In the U.S., automakers and their suppliers invested approximately $23 billion in 2018, representing approximately $1,333 of R&D for each car sold here that year, on average.
Over the past decade, automaker R&D has driven braking technology from anti-lock brakes (which help a driver brake faster) to electronic stability control (which keeps a vehicle moving safely when the driver has lost control), to automated emergency steering systems (which control braking, steering, and throttle functions)
Meanwhile, research into the use of new materials, better joining (welding, fasteners, adhesives), and fabrication could reduce a vehicle’s body weight by 10% to 20% from 2014 through 2020.
FCA, Ford, and General Motors each spend more per year than General Electric, Boeing, AT&T, and Tesla.
Ford Motor announced on Friday it is acquiring shuttle service Chariot as the auto giant seeks to cater to customers who may not even own a car.
General Motors semi-autonomous driving system will have one high-tech feature that its competitors don’t: An eye-tracking system.
DETROIT -- A small engineering team kept management in the dark when it came to developing the most powerful car engine ever from Detroit Big 3 -- the Hellca
Kyle Vogt couldn’t do anything to help his dustpan-shaped battlebot Decimator as it took a saw blade to the belly.
General Motors and its autonomous technology company Cruise Automation are testing self-driving cars on the streets of Scottsdale, Arizona.