Nissan wants to boost North American production
Afp, Washington
The chief of French-Japanese group Renault-Nissan wants to boost Nissan's North American automobile production given the sales forecast for the next five years, the Wall Street Journal reported on its website late Thursday. Nissan's "sales forecast is higher than our capacity, so at a certain point in time we're going to have to make a decision," the group's chief executive officer, Carlos Ghosn, was quoted as saying. "We will need more capacity in the future," Ghosn said. Ghosn did not rule out buying Ford and General Motors assembly plants, since both companies are decreasing production and would welcome the revenue, according to the Journal. Ghosn considers it inevitable that vehicles built in places were production costs are extremely inexpensive, such as India and China, will reach the US market one day.
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