Nissan won't have its own hybrid engine by 2010?

Nissan executive Shiga dismissed claims they would be ready to launch their own hybrid engine by 2010. Nissan is developing components used ...

Nissan executive Shiga dismissed claims they would be ready to launch their own hybrid engine by 2010. Nissan is developing components used in hybrid engines, but has no near-term plans to develop a whole engine (Source: Steve McGrath: Dow Jones Newswire). This is the first indication that Nissan won't have its own hybrid engine by 2010, as promised back in September.

Nissan recently unveiled the Nissan Altima Hybrid, due to be sold early in 2007. The Altima Hybrid is built on Toyotas hybrid synergy technology. Nissan has decided to sell the hybrid Altima exclusively in the eight states that have adopted California emission standards; California, New York, Massachusetts, Connecticut, Vermont, Rhode Island, Maine and New Jersey.

Nissan CEO Ghosn has been pessimistic about hybrids from the beginning. Reluctant to sell cars at a loss, Nissan has fallen behind in developing new tech in general, and sales have been falling. Ghosn has promised a better future, with seven new models coming out in the next eighteen months.

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