Re:Will Tesla and Google Kill the German Car?
by jryle70 on Monday November 04, 2019 @08:29PM
(#21448746)
VW's revenue in 2018 is €235.85 billion so that means they spent 5.7% of revenue on R&D. For comparison, Nokia spent 11% of their net sales in 2007 on R&D, at the time when they appeared invincible, also the year iPhone was announced. Those huge numbers usually don't correlate with success.
[ Parent
| on HN ]
There are no comments on this comment yet.