Ghosn: "The U.S. Auto Market is Not Going to Be Great Again"

Edward Niedermeyer
by Edward Niedermeyer
ghosn the u s auto market is not going to be great again

While the chattering classes clamor for a fully-realized Nissan/Renault hookup with Chrysler, Nissault CEO Carlos Ghosn is in no rush to commit further to the U.S. market. In an interview with Business Week, the Brazilian/Lebanese wunderkind say the the American new car market isn't climbing out of the crapper anytime soon. "This year in the U.S. is going to be down, between 15 million and 15.5 million units for total vehicles [including light commercial vehicles]. Next year I think will be down as well.. I don't think auto sales will really stabilize until 2010. The U.S. auto market is not going to be great again. It has all the characteristics of a mature market." Ghosn also predicts (among other things) the increased prominence of small cars in the U.S., the rise of electric cars (including a Renault/Nissan for sale stateside by 2010), the resurgence of the U.S. as an exporter of commercial vehicles, and the unlikeliness of Chinese and Indian vehicles for sale in stateside. Lottery numbers upon request.

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  • Guyincognito Guyincognito on Apr 30, 2008

    In the year two-thousaaaannd and 10, in the yeeeeaaar twooo-thousaaaaaand and te-ennn, Tesla Motors launches the Whitestar hybrid sedan vaporizing Prius sales within minutes of its arrival due to its vastly superior performance, efficiency, and reliability claims, Rick Wagoner unceramoniously retires and returns all of his personal wealth to GM in a selfless move to return the company to profitability, Carlos Ghosn and Kirk Kerkorkian purchase Tata Motors and sell off the Nano platform to the world's new economy car leader...Porsche.

  • PRNDLOL PRNDLOL on Apr 30, 2008

    Lottery numbers please.

  • Offroadinfrontier Offroadinfrontier on Apr 30, 2008

    @ ash78 I hear that - my faithful 22-yr-old is still pushing hard, and believe it or not, appreciating in value - it doubled last year!! By the time I choose to sell my car, I'll be making profit, AND getting an average MPG of current i-4 sedans of the same size in a v6.

  • Steven Lang Steven Lang on Apr 30, 2008

    I had a lot of lunchtime conversations back in 2007 where we all played the equivalent of 'guess the sales for 2008'? My two predictions were that sales would go down to the 14.8 to 14.9 million level and that Chrysler's sales would dip 20%. Oh well. If there had only been a cigar involved in that bet. I'd be smoking it all the way to Havana.