Nissan CEO: US market to stabilise at best in '09-10

Newswire

CASCAIS, Portugal, May 1 (Reuters) - Nissan Motor Co Chief Executive Carlos Ghosn said on Thursday he expected the U.S. auto market to stabilise, at best, in 2009-2010, meaning the industry would rely mostly on emerging markets for growth. "Japan at best will see stagnation, West Europe at best stagnation, the U.S. is slumping in 2008 and at best in 2009-2010, we will see stabilisation," he told a news conference. "The growth will come from emerging markets." (Reporting by Marcel ...

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