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Nissan Wants to Slash Its Vehicle Development Times

  • Nissan executives acknowledge the need to increase their vehicle development speed after studying Chinese automakers' processes.
  • Nissan currently takes around 55 months to develop a new vehicle and aims to reduce it to 37 months for future models.
  • One analyst believes that the changes are coming too late, as Nissan should have made them years ago.
  • The move towards faster development is seen as a necessary step for Nissan to catch up with its competitors.

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