Search the Community
Showing results for tags 'funds'.
Found 2 results
-
BMW has plans on streamlining its production process and cutting down on the number of variants to help get more money into R&D. According to Reuters, BMW is ramping up development on electrics, autonomous vehicles, and new powertrains to meet stricter emission standards. Nicolas Peter, BMW's finance chief said the company spent 5.16 billion euros (about $5.91 billion) or 5.5 percent of revenue on R&D in 2016. "The next three years will be between 5.5 percent and 6 percent," said Peter. With the increase in R&D costs, BMW is looking everywhere to cut. Unfortunately, one o -
BMW has plans on streamlining its production process and cutting down on the number of variants to help get more money into R&D. According to Reuters, BMW is ramping up development on electrics, autonomous vehicles, and new powertrains to meet stricter emission standards. Nicolas Peter, BMW's finance chief said the company spent 5.16 billion euros (about $5.91 billion) or 5.5 percent of revenue on R&D in 2016. "The next three years will be between 5.5 percent and 6 percent," said Peter. With the increase in R&D costs, BMW is looking everywhere to cut. Unfortunately, one o
