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Toyota Motor Corp. is extending the time it takes to develop new vehicles by about four weeks for more quality checks in the wake of its massive safety-related recalls, a top executive said today.

Executive Vice President Takeshi Uchiyamada said the company has learned a lot in the wake of its recalls of more than 8.5 million vehicles worldwide, including the need to slow the pace at which it develops new vehicles.

Currently it takes Toyota about 24 months on average to bring a new vehicle to market in Japan, Uchiyamada said. The timeframe varies somewhat in other markets, including the U.S.




 

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Toyota Says Product Development Times Will Slow To Implement Safety Checks

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