General Motors incurred around 6.8 billion U.S. dollars in R&D costs in 2019. This figure puts the car manufacturer's R&D intensity at five percent. That said, the company declared interest to enter into cost sharing arrangements with third parties. In December 2019, General Motors and LG Chem partnered up to invest in a production facility for battery cells in Ohio.
GM's research and development expenditures from FY 2015 to FY 2019
(in billion U.S. dollars)
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 and 2016 were taken from a previous financial statement.
*Duration: 12 months, billed annually, single license
Yes, let me download!
...and make my research life easier.
Exclusive Corporate feature
This feature is limited to our corporate solutions.
Please contact us to get started with full access to dossiers, forecasts, studies and international data.
Corporate Account
Statista Accounts:
Access All Statistics. Starting from $708 / Year
Basic Account
Get to know the platform
You only have access to basic statistics.
Premium Account
Your perfect start with Statista
Instant access to 1m statistics
Download in XLS, PDF & PNG format
Detailed references
$59 / Month *
Corporate Account
Full access
Corporate solution including all features.
* All products require an annual contract.
Prices do not include sales tax.
Statista Accounts:
Access All Statistics. Starting from $708 / Year
Learn more about how Statista can support your business.
General Motors. (February 5, 2020). GM's research and development expenditures from FY 2015 to FY 2019 (in billion U.S. dollars) [Graph]. In Statista. Retrieved February 19, 2020, from https://www.statista.com/statistics/260866/research-and-development-expenditures-of-general-motors/
General Motors. "GM's research and development expenditures from FY 2015 to FY 2019 (in billion U.S. dollars)." Chart. February 5, 2020. Statista. Accessed February 19, 2020. https://www.statista.com/statistics/260866/research-and-development-expenditures-of-general-motors/
General Motors. (2020). GM's research and development expenditures from FY 2015 to FY 2019 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: February 19, 2020. https://www.statista.com/statistics/260866/research-and-development-expenditures-of-general-motors/
General Motors. "Gm's Research and Development Expenditures from Fy 2015 to Fy 2019 (in Billion U.S. Dollars)." Statista, Statista Inc., 5 Feb 2020, https://www.statista.com/statistics/260866/research-and-development-expenditures-of-general-motors/
General Motors, GM's research and development expenditures from FY 2015 to FY 2019 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/260866/research-and-development-expenditures-of-general-motors/ (last visited February 19, 2020)
We use cookies to personalize contents and ads, offer social media features, and analyze access to our website. In your browser settings you can configure or disable this, respectively, and can delete any already placed cookies. For details, please see your browser’s Help section (by pressing F1). Please see our privacy statement for details about how we use data.
