Nissan chief says hybrid cars make no sense

Newswire

NEW ORLEANS, Jan 29 (Reuters) - The head of Nissan Motor Co. , breaking ranks with with some of his leading rivals, said on Saturday that building fuel-sipping hybrid vehicles makes little sense in today's world because of their high costs. "They make a nice story, but they're not a a good business story yet because the value is lower than their costs," said Nissan Chief Executive Carlos Ghosn. Nissan will, in fact, start manufacturing a gas-electric hybrid version of its Altima sedan ...

Premium Content (PAID Subscription Required)

"Nissan chief says hybrid cars make no sense" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Sponsored Introduction Continue on to (or wait seconds) ×