Ghosn on Hybrid Cars: ‘Terrible Business Prospect’

Carlos Ghosn

Car­los Ghosn, the joint CEO of Renault and Nis­san, called gas/electric hybrid cars a “ter­ri­ble busi­ness propo­si­tion” since they are a niche tech­nol­o­gy with less than one per­cent of glob­al sales. Mr. Ghosn is not con­vinced that con­sumers want gas/electric hybrids instead of fuel-effi­cient diesel cars that use flex­i­ble fuel or fuel cell tech­nol­o­gy.