YOKOHAMA - Nissan Motor Co.'s top executive says the carmaker has roughly halved vehicle development time as part of its restructuring efforts, aiming at a faster rollout of new models.
Nissan has shortened the development period to 26 months, compared with up to 55 months prior to the launch of the restructuring plan and beating the plan's target of 30 months, Nissan President and CEO Ivan Espinosa said.
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