Investments in R&D

In 2018, the Piaggio Group continued its policy of retaining technological leadership in the sector, allocating total resources of ¤50.8 million to research and development, of which ¤33.3 million capitalised under intangible assets as development costs.

2018

 2017

IN MILLIONS OF EUROS

CAPITALISED

EXPENSES

TOTAL

CAPITALISED

EXPENSES

TOTAL

Two-wheeler

25.5

14.8

40.3

20.6

14.7

35.3

Commercial Vehicles

7.8

2.7

10.5

4.9

3.8

8.6

Total

33.3

17.5

50.8

25.5

18.4

43.9

EMEA and Americas

26.8

14.8

41.6

19.4

14.8

34.2

India

4.7

1.6

6.3

3.6

2.5

6.1

Asia Pacific 2W

1.8

1.1

2.9

2.5

1.1

3.6

Total

33.3

17.5

50.8

25.5

18.4

43.9

 

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