Nissan Motor Co. (7201.T) CEO Carlos Ghosn, the Japanese government's efforts to curb the rising yen, which requires manufacturers to reduce investment in Japan, said the failure of the production moves to another.
"The Japanese government really wants to create jobs and protect, then you should do something," Ghosn told Reuters in an interview in New York. "We as an industry, we talked for a while. Unfortunately happening. These results are not so far every effort looks like. "
"We will display the exchange rate should have a vision," he said. (For an interview with Reuters, Carlos Ghosn Insider: link.reuters.com/zaq93s)
The last two years, the U.S. dollar by about 91 yen 76 yen fell some more. Since April, the trend has accelerated the strengthening yen, to invest in the production of Nissan vehicles in the future to reassess and consider moving more production out of Japan has led to, Ghosn said.
"We always make investment decisions," he said. "This, to discuss a project to look at and work in Japan or another country, says a factor?"
Ghosn, the pressure on the production base in Japan, despite the economic uncertainty in consumer demand in Europe and the United States of America because of the debt crisis is a sign that the decline worldwide , he said. He said in a statement of hope, providing a detailed forecast of vehicle sales in the U.S., will increase in 2012.
"So far, signs of weakness in the automotive industry at least, it is," he said.
Grants can be lost within 2-3 years of EV
In addition, Renault SA (RENA.PA) heads Ghosn, Nissan's largest market for vehicles, an electric car built in China today, he said.
However, automobiles in Beijing is working on electric vehicles in terms of the final settlement of the page to create a different tool for the Chinese market is open to the use of the technology behind the battery, he said.
To develop an electric vehicle for Nissan in the Chinese market and is working with the Chinese partner Dongfeng said. Dongfeng Nissan also Venucia brand to help launch a Chinese brand for only $ 7.500 or more low-cost vehicles is expected to focus on the rapidly growing market.
"China intends to go with an electric car, but we are still waiting for the Chinese government," said Carlos Ghosn. "No doubt the technology road is not on the basis of Nissan - Nissan pages in itself - will be ready for operations in China."
Nissan plans to export to Japan and the United States and Britain leaf production all-electric continues.
Traditional hybrid Toyota Motor Corp (7203.T) (TM.N) behind the Nissan, the project that in 2020 global sales of vehicles, which represents up to 10 percent of all electric vehicles. Since August, the Nissan road and the Chevrolet Volt, a General Motors (GM.N) plug-in car sales represent sales of approximately 0.1 percent, the United States may result in electric mode.
Ghosn, the U.S. and other markets, government subsidies to sell electric vehicles will remain important, but the increase in volume, quickly enough can be removed as soon as two or three years, he said.
"We do not have forever," he said. "We increase sales and reduce costs to a minimum and the car will be a need for us to need to achieve more competitive."
Once the annual sales of 500,000 vehicles electric vehicles, Nissan, reduce costs and the need to move away from dependence on subsidies is the volume of said Ghosn.
He is currently Nissan Toyota Prius gasoline-electric hybrid tracking says it will not dominate the market.
"Half a car company, too. We are not here to lead, "said Carlos Ghosn." We put energy in the zero-emission vehicles. "
With 43 percent of Renault-Nissan.
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