77000
BMW to Increase  R&D Spending
BMW to Increase  R&D Spending

BMW to Increase R&D Spending

BMW to Increase R&D Spending

BMW will boost spending on research and development next year, to 6.5-7% of sales, its finance chief, Nicolas Peter, told the German daily Handelsblatt. “That is a lot of money, in absolute numbers it is around €7 billion ($8.3 billion), which is nearly as much as we spent in 2011 and 2012 combined,” the newspaper quoted Peter as saying in an interview published on Monday, Automotive News reported. “Spending will remain high in 2019 as well,” he said. Peter had indicated earlier this year that R&D spending would rise to cope with demand for lower emissions, electrified cars and autonomous driving technology.

Short URL : https://goo.gl/ZBXVdr
  1. https://goo.gl/nNTp2u
  • https://goo.gl/R1Ab65
  • https://goo.gl/hGjLLe
  • https://goo.gl/2Q9g4h
  • https://goo.gl/A7oKKU

You can also read ...

Central Bank of Iran Governor Expects Additional Forex Allocation for Imports
The central bank governor said volume of foreign currency...
Iran's Private Sector Prepares to Secure Syrian Market Entry - Report
Scores of Iranian executives running private businesses...
Iran's Payam International Airport Ready for Exports
Payam International Airport, located in the city of Karaj 40...
India Working on Rupee-Rial Mechanism for Chabahar Port Project
India is weighing a rupee-rial payment mechanism for the...
Global Export Credit Agencies Support Iran Trade Coverage - Interview
Global Export Credit Unions participating in a meeting of the...
The number of trips made by Azerbaijani citizens to Iran has...
Iranian Elevator Manufacturers Look Beyond Borders
Iran’s elevator manufacturing companies have the capacity to...
Joint Iran-Azeri Car Company Eyes Russia, Georgia Markets
Khazar Car Company, an automotive joint venture between Iran...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus