Friday, November 4, 2011

Kathleen - please read! Research & Development

Kathleen - in the financial section I will be proposing a 20% increase in GM's R&D spending.  Annually that amount is around $8 billion so the increase would be $1.6 annually. I will also discuss the advantages of GM using equity investments (GM Ventures) in other companies doing research as a less risky way of achieving strides in innovations/improvements versus doing their own R&D. So I think they should also increase the amount of money dedicated to GM Ventures as well as increasing their own efforts.

This article has a lot of information:

http://www.reuters.com/article/2011/08/16/us-generalmotors-venturecapital-idUSTRE77F6IJ20110816

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