September 12, 2017 / 11:03 AM / 2 months ago

BRIEF-Daimler aims to cut time it takes to develop a passenger car

Sept 12 (Reuters) - Daimler development chief at Frankfurt auto show

* Says aims to cut time needed to develop a passenger car by 12 mths to just under 4 yrs

* Says research and development budget to continue to be 6-8 percent of sales Further company coverage:

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