In 2016, the Traton Group spent about 1.56 billion euros on research and development (R&D). Expenditure rose to 1.6 billion in 2018, but then proceeded to fall to 1.4 and 1.2 billion euros in 2019 and 2020 respectively. After this period of decline, R&D expenditure saw increases to record levels in 2023 with about 2.17 billion euros.
The brief period of decline in R&D expenditure in 2020 was in the midst of both the COVID-19 pandemic and global semiconductor shortages. It was not only the Traton Group that suffered such losses as the number of cars sold worldwide suffered a decline during that same period.
Research and development (R&D) expenditures of the Traton Group from 2016 to 2023
(in million euros)
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Traton. (March 4, 2024). Research and development (R&D) expenditures of the Traton Group from 2016 to 2023 (in million euros) [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/1448787/traton-group-sales-randd-expenditure/
Traton. "Research and development (R&D) expenditures of the Traton Group from 2016 to 2023 (in million euros)." Chart. March 4, 2024. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/1448787/traton-group-sales-randd-expenditure/
Traton. (2024). Research and development (R&D) expenditures of the Traton Group from 2016 to 2023 (in million euros). Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/1448787/traton-group-sales-randd-expenditure/
Traton. "Research and Development (R&d) Expenditures of The Traton Group from 2016 to 2023 (in Million Euros)." Statista, Statista Inc., 4 Mar 2024, https://www.statista.com/statistics/1448787/traton-group-sales-randd-expenditure/
Traton, Research and development (R&D) expenditures of the Traton Group from 2016 to 2023 (in million euros) Statista, https://www.statista.com/statistics/1448787/traton-group-sales-randd-expenditure/ (last visited November 18, 2024)
Research and development (R&D) expenditures of the Traton Group from 2016 to 2023 (in million euros) [Graph], Traton, March 4, 2024. [Online]. Available: https://www.statista.com/statistics/1448787/traton-group-sales-randd-expenditure/
