how much would a small car company spend for research and development?

hwello

November 12, 2008

One of the theories explaining GM’s downfall is that they did not invest enough in R&D. Wrong! Booz & Co.’s latest report on Global R&D spending says: bar Toyota, GM was tops. Here’s the 2007 ranking:

Company R&D expenditures in $millions

Toyota 8,386

GM 8,100

Ford 7,500

Honda 5,142

VW 4,757

Daimler 4,321

Nissan 4,001

BMW 3,995

Peugeot 2,835

Renault 2,531

Booz says in comparison to 2006, R&D expenditures in the auto industry grew by about 10 percent. European “champs” pale, with the European primo (VW) being only around half as research-intensive as the biggest spender. Here are some other findings…

* Automotive R&D is global. The study found that the average global multi-national corporation spends just 45% of its total corporate R&D dollars in its home country, while the majority is invested in other countries in order to benefit from specialized R&D skills

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couple of million pound like 5 -10 million

ask the nissan or toyota people! they are much smarter than the americans!