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Nissan: New models will help end sales slump.(News)

Automotive News Europe,  June, 2006  by Treece, James B.

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Byline: James B. Treece

Nissan Motor Co.'s weak performance in April is taking some shine off the turnaround engineered by CEO Carlos Ghosn.

Nissan's April sales fell in Europe, the US and Japan. Production in all three key markets also dropped, as did exports from Japan.

Nissan Chief Operating Officer Toshiyuki Shiga has market-by-market explanations for the lousy showing. But, fundamentally, his response is the same for all markets: Wait. Nissan is counting on a series of new models due later this year to turn around things abroad.

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