Ghosn: Nissan sees American partnership as an opportunity not an obligation

Carlos Ghosn, Nissan’s CEO thinks that the sluggish U.S. automotive market won’t recover until 2011

“The U.S. is slumping in 2008,” Ghosn said today at a conference in Portugal. “At best, in 2009 and 2010 we’ll see a stabilization.”

Ghosn believes that the European and Japanese markets will also continue to decline.

Speaking on the possibility of a future American partner ship Ghosn said that Nissan sees partnership as an opportunity not an obligation.

“We’re not looking for scale, we’re looking for value” from a potential U.S. expansion, Ghosn said. Nissan is “not interested in buying any brands from Chrysler or any other companies.”


Source: Detroit News