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German automotive industry accounts for one third of global R&D expenditure
On May 14, Association of the Automotive Industry (VDA) informed that German automotive industry accounts for more than a third of total global automotive R&D expenditure.
This is the top position - even ahead of Japanese and American companies. Three of the top five automotive investors are companies from Germany.
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This is the top position - even ahead of Japanese and American companies. Three of the top five automotive investors are companies from Germany.
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