Ford to Open R&D Lab in Tesla's Backyard
SAN FRANCISCO -- Ford Motor Co. CEO Mark Fields, seeking to burnish his company's high-tech credentials, will announce Thursday the opening of a Silicon Valley r&d center that is believed to be one of the auto industry’s largest.
Mercedes Opens Silicon Valley R&D Center For Future Tech Development
BY Antony Ingram
Mercedes-Benz has opened a new research and development site in Sunnyvale, Silicon Valley--the fruits of which will influence the automaker's technology for years to come. While the area is best known for...
GM delays most future product, r&d in cash crunch
AND ROBERT SHEREFKIN
OCTOBER 29, 2008 - 12:01 AM ET
DETROIT -- General Motors is postponing nearly all of its spending on product development in 2009 and 2010 -- a cost-cutting move that could...
According to a European Commission report, Ford is the car industry's biggest spender on R&D. Ford was number one until this year, but got outspent by pharmaceutical company Pfizer. (The Blue Oval vs. the blue pill...who knew?) Ford spent...