General Motors incurred around 9.2 billion U.S. dollars in R&D costs in 2024. Part of these expenses related to vehicle and greenhouse gas emissions control, improved fuel economy, electric vehicles, autonomous vehicles, and driver safety.
General Motors Company's research and development expenditures from FY 2015 to FY 2024
(in billion U.S. dollars)
Characteristic
Expenditures in billion U.S. dollars
2015
6
2016
6.6
2017
7.3
2018
7.8
2019
6.8
2020
6.2
2021
7.9
2022
9.8
2023
9.9
2024
9.2
024681012
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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 through 2021 were taken from a previous financial statement.
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General Motors. (January 28, 2025). General Motors Company's research and development expenditures from FY 2015 to FY 2024 (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 05, 2025, from https://www.statista.com/statistics/260866/research-and-development-expenditures-of-general-motors/
General Motors. "General Motors Company's research and development expenditures from FY 2015 to FY 2024 (in billion U.S. dollars)." Chart. January 28, 2025. Statista. Accessed May 05, 2025. https://www.statista.com/statistics/260866/research-and-development-expenditures-of-general-motors/
General Motors. (2025). General Motors Company's research and development expenditures from FY 2015 to FY 2024 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 05, 2025. https://www.statista.com/statistics/260866/research-and-development-expenditures-of-general-motors/
General Motors. "General Motors Company's Research and Development Expenditures from Fy 2015 to Fy 2024 (in Billion U.S. Dollars)." Statista, Statista Inc., 28 Jan 2025, https://www.statista.com/statistics/260866/research-and-development-expenditures-of-general-motors/
General Motors, General Motors Company's research and development expenditures from FY 2015 to FY 2024 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/260866/research-and-development-expenditures-of-general-motors/ (last visited May 05, 2025)
General Motors Company's research and development expenditures from FY 2015 to FY 2024 (in billion U.S. dollars) [Graph], General Motors, January 28, 2025. [Online]. Available: https://www.statista.com/statistics/260866/research-and-development-expenditures-of-general-motors/
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