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.
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GM unveils welding technology to reduce vehicle weight, improve fuel economy
FLINT TOWNSHIP, MI -- Fuel economy is becoming an industry standard for automakers as the price at the pump trends upward and the federal government continues pressure for a greater reduction in emissions.
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U.S. manufacturing grows for 1st time in 4 months
WASHINGTON — U.S. manufacturing grew for the first time in four months, buoyed by a jump in new orders. The increase was a hopeful sign that the economy is improving.
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Chrysler considers adding third shift at Warren Truck plant
Chrysler Group LLC is "looking very, very closely" at adding a third shift at its Warren Truck Assembly Plant, according to Ram Truck President Fred Diaz.
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Big Three roll out models for Europe market
Here's what Detroit automakers are planning at the Paris Auto Show, which begins this week:
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Fiat Counts on Chrysler for Help with U.S. Alfa Launch
For the past three years, Sergio Marchionne has used the assets and resources of Italy’s Fiat SpA to turnaround Chrysler Group LLC.