- Research and development (R&D) dollars spent in the auto industry were close to $130 billion in 2018, only trailing R&D dollars spent in the Healthcare and Information and Communications Technology sectors.
- We may not have cars traveling through the air, as many futurists imagined, but cars continue to deliver breakthrough technologies that make driving safer, convenient, and more fun.
- We continue to search for companies that we think can enable investors to benefit from these transformative innovations.
For further details see:
Smart Cars Are Getting Much Smarter