General Motors Research and Development Expenses

Research and Development Expenses of General Motors 2007-2018

Amounts are in $ billions.

Year
R&D Expenses ($bn)
2018$7.8
2017$7.3
2016$6.6
2015$6.0
2014$7.4
2013$7.2
2012$7.4
2011$8.1
2010$6.9
2009$6.0
2008$8.0
2007$8.1

General Motors is a leading global automobiles brand whose core market is North America and mainly the United States. The company invests a large sum each year in research and deevlopment. Its R&D expenses rose to $7.8 billion in 2018 as compared to $7.3 billion during the previous year. Higher competition in the automobile industry has led to auto brands investing more in research and development on technologies like autonomous driving.