Car Chat General discussion about Lexus, other auto manufacturers and automotive news.

Nissan won't rely on Toyota's hybrid technology for long, Ghosn says

Thread Tools
 
Search this Thread
 
Old 04-26-06, 09:14 AM
  #1  
GFerg
Speaks French in Russian

Thread Starter
 
GFerg's Avatar
 
Join Date: Oct 2002
Location: What is G?
Posts: 13,287
Received 64 Likes on 49 Posts
Default Nissan won't rely on Toyota's hybrid technology for long, Ghosn says

Nissan won't rely on Toyota's hybrid technology for long, Ghosn says
By JAMES B. TREECE | AUTOMOTIVE NEWS
AutoWeek | Published 04/26/06, 9:19 am et



TOKYO -- Nissan Motor Co.'s purchases of hybrid technology from Toyota Motor Corp. is only a stopgap measure, says CEO Carlos Ghosn.

"I don't think this agreement will go for a very long time," he said Tuesday. "We have other projects and are developing our own technology."

Ghosn made the comments at a press conference to announce Nissan's earnings for the fiscal year that ended March 31.

The company plans to buy components from Toyota to use in a hybrid Altima. Nissan plans to build that car at its plant in Smyrna, Tenn., to go on sale in late 2006 or early 2007.

The hybrid Altima is expected to be sold in only eight states: California, New York, Massachusetts, New Jersey, Rhode Island, Connecticut, Vermont and Maine. The states have adopted California's stringent emissions regulations.

Nissan will have capacity to build 50,000 hybrid Altimas a year but has indicated it does not expect to sell that many. Although the Toyota Prius and the Honda Civic Hybrid have sold well, Toyota and Honda Motor Co. have scaled back their hybrid production plans. Ford Motor Co. is offering 0 percent financing on its hybrid Ford Escape SUV.

"You have to be prudent when all competitors are cutting production or offering incentives" on their hybrid vehicles, Ghosn said.

"Developing a technology and mass-marketing a technology is something very different," said Ghosn, who has criticized hybrids because they are sold at a loss.

In September 2002, Nissan said it would use Toyota's hybrid components to build up to 100,000 vehicles over five years starting in 2006.
http://www.autoweek.com/apps/pbcs.dl...1/TOC01ARCHIVE
GFerg is offline  
Old 04-26-06, 10:08 AM
  #2  
bagwell
Lexus Champion
 
bagwell's Avatar
 
Join Date: Oct 2002
Location: The Woodlands, TX
Posts: 11,205
Received 11 Likes on 11 Posts
Default

as I've said before, I don't think this Ghosn guy is too bright....

"You have to be prudent when all competitors are cutting production or offering incentiveson their hybrid vehicles, " Ghosn said.

Oh wow Carlos, have you seen the huge incentives Toyota and Honda are offering on the Prius and Civic...
bagwell is offline  
Old 04-26-06, 10:26 AM
  #3  
92 SC400
Lead Lap
 
92 SC400's Avatar
 
Join Date: Sep 2005
Location: CA
Posts: 3,593
Received 5 Likes on 5 Posts
Default

Originally Posted by bagwell
as I've said before, I don't think this Ghosn guy is too bright....

"You have to be prudent when all competitors are cutting production or offering incentiveson their hybrid vehicles, " Ghosn said.

Oh wow Carlos, have you seen the huge incentives Toyota and Honda are offering on the Prius and Civic...
Did you miss the "OR" in that sentence?

"Toyota and Honda Motor Co. have scaled back their hybrid production plans. Ford Motor Co. is offering 0 percent financing on its hybrid Ford Escape SUV."
92 SC400 is offline  
Old 04-26-06, 01:22 PM
  #4  
bagwell
Lexus Champion
 
bagwell's Avatar
 
Join Date: Oct 2002
Location: The Woodlands, TX
Posts: 11,205
Received 11 Likes on 11 Posts
Default

Originally Posted by 92 SC400
Did you miss the "OR" in that sentence?

"Toyota and Honda Motor Co. have scaled back their hybrid production plans. Ford Motor Co. is offering 0 percent financing on its hybrid Ford Escape SUV."
oh I missed that part....its bull**** too....its well known that Toyota strives to "HYBRIDIZE" every vehicle in their lineup.

Toyota missed the mark with the Highlander Hybrid by using the V6 instead of the 4 cylinder motor.....same with Honda Accord Hybrid.
bagwell is offline  
Old 04-26-06, 02:07 PM
  #5  
spwolf
Lexus Champion
 
spwolf's Avatar
 
Join Date: Jan 2005
Posts: 19,918
Received 160 Likes on 118 Posts
Default

Originally Posted by 92 SC400
Did you miss the "OR" in that sentence?

"Toyota and Honda Motor Co. have scaled back their hybrid production plans. Ford Motor Co. is offering 0 percent financing on its hybrid Ford Escape SUV."
he is just funny.... First Nissan didnt need hybrids, now it will have them and they dont really need Toyota technology but they gonna use it anyway... whatever...
spwolf is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Hoovey689
Car Chat
20
03-02-14 05:05 PM



Quick Reply: Nissan won't rely on Toyota's hybrid technology for long, Ghosn says



All times are GMT -7. The time now is 04:13 AM.