|
answer text |
<p>The automotive manufacturing industry invested £3.6bn in business research and
development in 2017, the latest year for which figures are available. This accounted
for over 15% of all UK business research and development and is a record high for
the sector. Unfortunately consistent data across EU countries are not available.</p><p>
</p><p>Automotive investment in business R&D has increased rapidly from 2010 when
it stood at £1.2bn (an increase of 190% in nominal terms).</p><p> </p><p>Figures for
2018 will be published by the ONS in November 2019, once finalised company accounts
for the year are available.</p>
|
|