NEW YORK – Financial difficulties haven't affected budgeting for research and development, says Bernard Robertson, Chrysler Group senior vice president-engineering and regulatory affairs. The budget has ranged from 2.8% to 3% of revenue for the past three years, or about $1.8 billion annually. This has enabled Chrysler to retain all of its projects, and taken on additional programs in collaboration with Mercedes, he says. Robertson’s remarks come at a press conference here to announce a ...
Premium Content (PAID Subscription Required)
"Chrysler's R&D Chief Says Research Money Remains" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642