Russian senior MP calls on EU politicians not to hide heads in sand in Syrian settlementRussian Politics & Diplomacy March 26, 18:09
Three Russian fans stabbed after football match in BelgradeSport March 26, 3:28
Russia ready to take part in restoring oil production in Syria - energy ministerBusiness & Economy March 26, 3:27
Moscow disappointed over new US sanctions against Russian companies - Foreign MinistryRussian Politics & Diplomacy March 26, 1:28
US sanctions 8 Russian companies over non-proliferation lawWorld March 25, 21:53
Russia's Defense Ministry says US-led coalition unlikely to launch battle for Raqqa soonRussian Politics & Diplomacy March 25, 19:06
Russia cuts oil production by 185,000 barrels per day as of today — energy ministerBusiness & Economy March 25, 18:30
OPEC has no objections to speed of Russia's oil production cutsBusiness & Economy March 25, 12:38
Opposition leader Vladimir Neklyayev detained in Belarus - news agency directorWorld March 25, 5:33
WOLFSBURG/BRUSSELS, November 19, 2013 /Volkswagen Group Communications/ -- The Volkswagen Group is the world’s largest private sector R&D investor. That is one of the key findings of the European Commission’s annual “Industrial R&D Investment Scoreboard” based on a sample of 2,000 international companies from various sectors of industry taken in 2012. With research and development costs of €9.5 billion (€7.2 billion in 2011), the Volkswagen Group tops the study’s ranking for the first time and is the only German company in the top ten.
“For us, the latest findings from the European Commission’s study are further confirmation of our strategy. Faced with tough global competition, Europe must focus more systematically on environmentally-friendly technologies and competitive products. Investment in research and development is both the foundation and the prerequisite for that, which is why the Volkswagen Group will continue with targeted investment in its innovative strength. We will remain a powerhouse of ideas for the European automotive industry”, Prof. Dr. Martin Winterkorn, CEO of Volkswagen Aktiengesellschaft, said.
The research and development activities of the Volkswagen Group with its team of over 40,000 R&D specialists focuses on expanding the Group’s model range and continually improving the efficiency of vehicles, technologies and drivetrains. A large share of the Group’s investment is dedicated to achieving a further significant reduction in the CO2 emissions of its new vehicle fleet. As a result, these efforts center on the electrification of the vehicle portfolio, improving the efficiency of the engine range and expanding the choice of alternative drive technologies.
Note: This text and images are available from www.volkswagen-media-services.com.
Volkswagen Group Communications
Corporate & Business Communications
Phone: +49 (0) 5361 / 9-87575
Fax: +49 (0) 5361 / 9-74629