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.
-
Chevrolet's Next-Gen Equinox Gets Sportier Front End And Lower Profile
The redesigned Chevrolet Equinox expected for the 2017 model year will sport a streamlined face and a lower, sleeker profile.
-
Ford and Sony Introduce Premium Home Audio Technology on 2016 Ford Explorer Platinum
Because every great adventure is made perfect by the ideal soundtrack, the new 2016 Ford Explorer Platinum edition features an exclusive Sony® Aud
-
New Jeep Cherokee Model to Get 707-HP Hellcat Engine, Sources Say
Following the success of Fiat Chrysler's two Hellcat muscle cars - high-powered versions of the Dodge Charger sedan and Challenger coupe, -- the automaker is
-
Ford Smart Mobility Tour Kicks Off
The Ford Smart Mobility Experience visits five cities – Louisville, Orlando, Seattle, Denver and Los Angeles -- this summer and fall.
-
Ford Names Lone Transmission for Shelby GT350 Mustang
There will be but one transmission offering on the Ford Shelby GT350 and GT350R Mustang: A Tremec six-speed manual.