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MICHIGAN'S AUTO AND MOBILITY ASSETS

 

Why Southeast Michigan?

  • Since 2010, Michigan has received $27 billion in new investments from original equipment manufacturers (OEMs) and suppliers, more than any other state or province in North America.

  • There are 17 OEM headquarters or technology centers in Michigan.

  • There are 33 venture firms headquartered or with an office in Michigan with over $4 billion in capital under management

  • Every $1 invested in a Michigan startup by a Michigan based venture capital firm attracts $4.61 of investment from outside of Michigan

  • Michigan is home to 96 of the top 100 automotive suppliers to North America, 56 of which are headquartered in the Detroit region.

  • Twelve assembly plants manufacture 24 cars and trucks in Michigan, producing more vehicles than any other state – nearly 20 percent of all U.S. production.

  • More than $10 billion is spent on automotive R&D annually in Michigan, 75 percent of the U.S. total.

  • Nearly 117,000 engineers are employed and driving innovation in Michigan.

  • Leading the nation in connected vehicle projects at 49, Michigan was the first state in the nation to legalize self-driving vehicles on public roads, including ride-sharing services.

  • There are 509 foreign automotive firms operating in Michigan, which have created 19,622 jobs and invested $4.8 billion since 2012.

View MICHauto's interactive AutoMobility Asset Map to see exactly why Michigan is the nation's leader in automobility research, development and investment.


MICHauto Michigan Is Auto Mobility Report