This graph portrays the leading automotive companies as of 2018, based on their research and development expenditures. In the 2018 fiscal year, U.S.-based carmaker Ford reported research and development costs of around eight billion U.S. dollars.
Leading automotive firms by research and development spending worldwide in FY 2018
(in billion U.S. dollars)
* These figures have been converted from euros to U.S. dollars at the following rate, correct as of March 1, 2019: 1 EUR = 1.13835 USD; the value for VW refers to VW's automotive division; ** this figure has been converted from Japanese yen to U.S. dollars at the following rate, correct as of March 1, 2019: 1,000 JPY = 9.00558 USD; the figure is for the fiscal year ended March 31, 2018.
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Statista. (March 18, 2019). Leading automotive firms by research and development spending worldwide in FY 2018 (in billion U.S. dollars) [Graph]. In Statista. Retrieved June 04, 2020, from https://www.statista.com/statistics/566060/automotve-firms-by-research-development-spending/
Statista. "Leading automotive firms by research and development spending worldwide in FY 2018 (in billion U.S. dollars)." Chart. March 18, 2019. Statista. Accessed June 04, 2020. https://www.statista.com/statistics/566060/automotve-firms-by-research-development-spending/
Statista. (2019). Leading automotive firms by research and development spending worldwide in FY 2018 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: June 04, 2020. https://www.statista.com/statistics/566060/automotve-firms-by-research-development-spending/
Statista. "Leading Automotive Firms by Research and Development Spending Worldwide in Fy 2018 (in Billion U.S. Dollars)." Statista, Statista Inc., 18 Mar 2019, https://www.statista.com/statistics/566060/automotve-firms-by-research-development-spending/
Statista, Leading automotive firms by research and development spending worldwide in FY 2018 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/566060/automotve-firms-by-research-development-spending/ (last visited June 04, 2020)
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