Nissans CEO Carlos Ghosn warned that sales would be slow in the first half of 2006, but would pick up in the second half. In the mean time, he's still very skeptical about the future of hybrid cars.
It's really not surprising that Ghosn isn't excited about hybrid cars, given Nissan doesn't have a hybrid car in its lineup, yet. They will soon, but even then only eight states will carry the Nissan Altima hybrid. Also, it will be running off of Toyotas technology, not their own. Nissan is working on their own hybrid technology in the meantime.
Nissan Motor Co chief executive Carlos Ghosn warned shareholders to brace for a tough spell in the months ahead but predicted a pick up in sales in late 2006.
Ghosn reiterated his scepticism about new fuel-efficient hybrid cars being championed by Toyota Motor Corp, noting that in Japan the gas-electric vehicles represented less than one percent of the total market.