General Motors Company: research and development expenditures 2015-2023

Published by
Mathilde Carlier,
Feb 28, 2024
General Motors incurred around 9.9 billion U.S. dollars in R&D costs in 2023. Part of these expenses related to vehicle and greenhouse gas emissions control, improved fuel economy, electric vehicles, autonomous vehicles, and driver safety.

General Motors Company's research and development expenditures from FY 2015 to FY 2023 (in billion U.S. dollars)

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Release date

January 2024

Region

United States

Survey time period

FY 2015 FY 2023

Supplementary notes

Only including continued operations; the European business is presented as discontinued operations in the consolidated financial statements for all periods presented, the source specifies.
The figures are for the years ended December 31.
The values for 2015 through 2020 were taken from a previous financial statement.

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