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.
Fear not, Android fans, General Motors has you covered finally.
Jeep buyers are the sort of people who love to customize and tweak their vehicles, whether it be for mall-crawling or bounding through Moab.
At Mobile World Congress on Tuesday, Fiat Chrysler showcased a new car sales app that uses augmented reality to allow customers to modify features in a car b
Ford CEO Mark Fields said today the automaker plans to triple its engineering investment in driver assist and semi-autonomous vehicle technology over the nex
General Motors says it will invest $148 million in repurposing equipment at its Spring Hill plant, a move that will retain about 200 jobs.