Nissan CEO cool on hybrids, sees oil price falling

Newswire

By Chang-Ran Kim, Asia auto correspondent TOKYO, Sept 30 (Reuters) - The head of Nissan Motor Co. said he remained unconvinced that hybrid-engine cars were a sound short-term business proposition, adding he believed oil prices would fall from the current historically high levels. "There is some market demand (for gasoline-electric hybrids)," Chief Executive Carlos Ghosn told a news conference at the unveiling of the new Tiida compact car in Tokyo on Thursday. "We will come out with a ...

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