Tag: disaster

Ukraine Disaster Might Create Extra Woes For Auto Industry

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Aside from direct sponsorship, governments promote R&D within the automotive industry via generous tax credit for R&D. Although the actual quantity of tax credit taken by automakers in the various markets is proprietary data, Japanese car companies had roughly $190 million U.S. out there to them in 1999 and $122 million in 2000. U.S. firms had roughly $540 million available to them in … Read More