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According to CarAdvice.com, Volkswagen’s R&D (research and development) budget beat those of other vehicle giants. Here’s how the R&D budgets broke down in 2010:
Volkswagen: $9.2 billion
Toyota: $8.5 billion
GM: $7 billion
Chrysler: $6.5 billion
Honda: $5.7 billion
This is great news for Volkswagen drivers. VW has been raising some eyebrows recently with its tremendous growth strategy, and an aggresive investment into R&D will only drive innovation for the future.
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Volkswagen’s strategy of aggressively going after the US market must be paying off big time for Volkswagen. The company released a July sales figures and they are impressive. In a single month of July alone - Volkswagen sold over 29,000 vehicles (~22% more than previous year). This marks a record sales month since 2002.
Some noteworthy details:
Volkswagen sales are going up…
