Nissan expects its North American business to be profitable in a 10.5 million market

The North American segment of Nissan Motor Co. estimates that it would only be profitable if the total US market has annual sales of 10.5 million vehicles, Executive Vice President Carlos Tavares said. While attending the Tokyo Motor Show, Tavares gave in to requests for interviews and he said that currently, Nissan is using only about 60-70 percent of its North American production capacity.

Tavares said that Nissan’s plants have reached a point where it can profit with a total U.S. market of 10.5 million vehicles. The US market is widely expected to total 10.5 million units, down sharply from 16.2 million units in 2007 and 13.2 million last year.
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commander104 - 10/21/2009 8:36:17 PM

0 Boost

just don't get in any 5 mph fender breakers, Nissans have some of the weakest bumpers or lack thereof in the industry

veyron1001 - 10/22/2009 7:10:38 PM

+1 Boost

maybe of the because of the ped. safety rating?