In the 2022 fiscal year, Magna International accrued 649 million U.S. dollars in research and development (R&D) costs. This represents an increase of some two percent compared with the previous fiscal year when the company spent around 634 million U.S. dollars on R&D.
Magna International's research and development costs between FY 2016 and FY 2022
(in million U.S. dollars)
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Magna. (March 31, 2023). Magna International's research and development costs between FY 2016 and FY 2022 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/909369/magna-research-and-development-costs/
Magna. "Magna International's research and development costs between FY 2016 and FY 2022 (in million U.S. dollars)." Chart. March 31, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/909369/magna-research-and-development-costs/
Magna. (2023). Magna International's research and development costs between FY 2016 and FY 2022 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/909369/magna-research-and-development-costs/
Magna. "Magna International's Research and Development Costs between Fy 2016 and Fy 2022 (in Million U.S. Dollars)." Statista, Statista Inc., 31 Mar 2023, https://www.statista.com/statistics/909369/magna-research-and-development-costs/
Magna, Magna International's research and development costs between FY 2016 and FY 2022 (in million U.S. dollars) Statista, https://www.statista.com/statistics/909369/magna-research-and-development-costs/ (last visited November 21, 2024)
Magna International's research and development costs between FY 2016 and FY 2022 (in million U.S. dollars) [Graph], Magna, March 31, 2023. [Online]. Available: https://www.statista.com/statistics/909369/magna-research-and-development-costs/
