Projo Cars Blog

Nissan Sees US As Tough Market for Sales

11:22 AM Mon, Jan 21, 2008 |
Peter C. T. Elsworth    Email

TOKYO -- A top Nissan executive said Monday that selling cars in the United States is going to be tough this year because of a likely U.S. economic slowdown amid problems in the credit and housing markets as well as a stronger yen, according to the Associated Press.

Automakers and analysts are predicting that this year's U.S. auto sales could drop to their lowest level in a decade to about 16 million vehicles or lower.

Nissan Chief Operating Officer Toshiyuki Shiga said he was still hopeful that Nissan's new products will attract customers.

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