BMW to spend 5.5-6 percent of revenue on R&D in 2017-2019: CFO

Jun 28, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

MUNICH (Reuters) – BMW will maintain high levels of research and development (R&D) spending until 2019 and streamline its manufacturing process to offset higher investments, Chief Financial Officer Nicolas Peter said on Wednesday.