The Car and Truck Fleet and Leasing Management Magazine

Japanese Newspaper Reports Nissan to Sell Own Hybrid Car in 2010

September 26, 2006

TOKYO – Nissan Motor Co. plans to sell a hybrid vehicle developed in-house in 2010, limiting its licensing ties with Toyota Motor Corp. to the Altima sedan due in the United States next year, reported Japanese daily Yomiuri Shimbun, according to Reuters. Japan’s two biggest carmakers signed a deal in 2002 under which Toyota would sell its hybrid system to Nissan. Nissan Chief Executive Carlos Ghosn has said that hybrids make little business sense because of their low profit margins, despite their higher retail price, according to the Reuters report. Ghosn also said that the Altima hybrid, due next year, was merely a necessity to clear California’s average fuel economy regulations.
Twitter Facebook Google+


Please note that comments may be moderated. 
Leave this field empty:

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.

Sponsored by

Fuel payment and control systems featuring various branded, multi-branded or universal credit cards offered by fleet management and leasing companies to reduce driver and company fleet office administration, to simplify reporting of data useful to fleet operating and expense records, and to better insure compliance with company fuel usage policies or requirements.

Read more

Fuel Saving Strategies Survey

View our 2008 survey to benchmark your fleet's fuel and green strategies with other fleets.

Fuel Calculator

A managed fuel program can help you save time and money and gain control over the way you fuel your vehicles. Determine your potential savings by using our fuel calculator.
Launch Fuel Calculator 

Fuel Prices

U.S. Gasoline and Diesel Fuel Prices.

Launch Fuel Prices 

Up Next

More From The World's Largest Fleet Publisher