Ford Motors Research and Development expenses

Research and Development (R&D) expenses of Ford Motors 2008-2021

Amounts are in billions.

YearR&D expenses (Billions)
2021$7.6
2020$7.1
2019$7.4
2018$8.2
2017$8.0
2016$7.3
2015$6.7
2014$6.7
2013$6.2
2012$5.5
2011$5.3
2010$5.0
2009$4.7
2008$5.0

Ford Motors spent $7.6 billion on research and development in 2021 compared to $7.1 billion in 2020.

Ford Motor Company spent $7.1 billion on research and development in 2020 compared to $7.4 billion in 2019.

Research and Development expenses of Ford Motors rose to $8.2 Billion in 2018 from $8 Billion in 2017.

About the Ford Motor Company:

Ford Motor Company is a leading automobile brand based in Dearborn, Michigan, United States. The company was incorporated in 1919 in Delaware. It sells a vast range of Ford trucks, SUVs, and cars globally. Ford also sells Lincoln luxury vehicles. The company has expanded its range of electrified vehicles.

Ford’s net sales and revenue declined in 2020 compared to the previous year due to the pandemic. The company sold 4.5 million vehicle units in 2020 compared to 5.5 million in 2019. The company’s net revenue was $127.14 billion in 2020 compared to $155.9 billion in 2019.

Ford has maintained a strong global presence and is among the leading automobile brands globally.