Investments in R&D
In 2019, the Piaggio Group continued its policy of retaining technological leadership in the sector.
IN MILLIONS OF EUROS | 2019 | 2018 | ||||
---|---|---|---|---|---|---|
CAPITALISED | EXPENSES | TOTAL | CAPITALISED | EXPENSES | TOTAL | |
Two-wheelers | 23.5 | 15.2 | 38.7 | 25.5 | 14.8 | 40.3 |
Commercial Vehicles | 16.1 | 2.8 | 18.9 | 7.8 | 2.7 | 10.5 |
Total | 39.6 | 18.0 | 57.6 | 33.3 | 17.5 | 50.8 |
EMEA and Americas | 28.0 | 15.0 | 43.0 | 26.8 | 14.8 | 41.6 |
India | 8.5 | 1.4 | 9.9 | 4.7 | 1.6 | 6.3 |
Asia Pacific 2W | 3.1 | 1.6 | 4.8 | 1.8 | 1.1 | 2.9 |
Total | 39.6 | 18.0 | 57.6 | 33.3 | 17.5 | 50.8 |