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 ...

The rial has lost more than 30% of its value during the three months to April against the dollar.
Majlis Research Center, the parliamentary think tank, has...
Facebook, Google Hit by $8.8b in Lawsuits
On the first day of GDPR enforcement, Facebook and Google were...
Iranian Startup Boosting Value Added Services
Iranian startup SMS.ir has unveiled a new customer relations...
Tipax and Q-Post agreed to share their resources for the establishment of a courier network between Iran and Qatar to help boost bilateral trade.
A private Iranian courier service firm, Tipax, signed a...
There are 359,700 active heavy-duty vehicles in Iran’s cargo truck fleet, of which 125,000 (34%) are over 15 years old and almost 1,500 trucks are five decades old.
A number of truckers across the country have taken industrial...
Tehran Housing Market Rebounds
Following a very weak performance during the first month of...
Foreign Garment Prices Increase
The prices of foreign garments in the Iranian market have...
Ayandeh Named Iran’s Best Bank by Euromoney
The private Ayandeh Bank has continued its string of success...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus