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Tuesday, September 26, 2006

Did you know?

Did you know that the US Automotive sector spends more on Research and Development than any other sector? Just the "big three" alone (DaimlerChrysler, General Motors, and Ford)spend over $21 billion each year.


That beats out pharmaceuticals ($15.9 billion), computer software ($15.1 billion), semiconductors and electronics (12.6 billion), and even aerospace products and parts ($8.2 billion)!


Next time you turn the key in your car's ignition, just imagine how much time, effort and money went into making sure that vehicle is the best it could be!

Source: Wards Automotive Facts and Figures 2005, National Science Foundation

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