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These investments are aimed at creating new products, which will be used to gain a foothold for the company in growing market segments where it currently does not have a presence. At the end of this process, Fiat Auto models will have an average age of less than four years.
Programs for the joint development of common components as part of the industrial alliance between Fiat Auto and General Motors will make a significant contribution to competitiveness. In 2005, 50% of components will be shared. The cooperation with General Motors will also lead to substantial streamlining of their respective powertrain and transmission output...
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