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High r&d, greater profits; UK data: innovation shifts from carmakers.(research and development)

Automotive News Europe,  November, 2005  by Lewin, Tony

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Byline: Tony Lewin

Automakers and suppliers invest billions of Euros in research and development, but some are far better than others at turning that into profits.

In general, the more profitable companies are those with bigger r&d budgets, concludes the UK Department of Trade and Industry in its annual R&D Scoreboard. The ministry studied 1,000 companies with the highest r&d spending, including 69 in the auto sector.

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