By his calculations, every four years, on average, automakers invest in product development a sum equal to what their companies are worth.
"In principle, Marchionne is right. The auto industry develops the same things 10 times over."
http://www.autonews.com/article/20150817/INDUSTRY_ON_TRIAL/308179997/duplicating-vehicle-engineering-pushes-costs-and-prices-higher
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