General Motors Research and Development Expenses
Research and Development Expenses of General Motors 2007-2021.
Amounts are in $ billions.
| Year | R&D Expenses ($bn) |
| 2021 | $7.9 |
| 2020 | $6.2 |
| 2019 | $6.8 |
| 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 |
The research and development expenses of General Motors reached $7.9 billion in 2021, compared to $6.2 billion in 2020.
General Motors, a leading US based automobile manufacturer spent $6.2 billion on research and development in 2020 compared to $6.8 billion in 2019.
General Motors is a leading global automobile brand whose core market is North America and mainly the United States. The company invests a large sum each year in research and development. 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.