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Nissan Sees US As Tough Market for Sales

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.

Posted by Peter C. T. Elsworth  at 11:22 AM to Nissan | Permalink

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