Nissan Won't Rely on Toyota's Hybrid Technology For Long
Hybrid Cars from Hybrid Hippie!
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.
Article Continued at MixedPower
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.
Article Continued at MixedPower
posted by Car Boys Media @ 9:30 AM
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