YOKOHAMA, Japan -- Nissan CEO Carlos Ghosn says he is optimistic that U.S. auto sales will bounce back above 14 million within three years and predicts Nissan and Infiniti will snag a 10 percent share of that market.
The U.S. sales target, which Ghosn expects to achieve before 2016, represents a 54 percent surge over last year's total of 908,570 units sold by Nissan and Infiniti in the United States.
"I would speculate we will be above 14 million, because 14 million, following our specialists, is the breakeven point in the U.S. Every year in the United States, 14 million cars are taken out of the market because they are too old," Ghosn said last week at a press event to announce the company's new environmental action plan. "Fundamentally, we are optimistic."
In 2010, new-vehicle sales totaled 11.6 million in the United States and they're expected to finish at about 12.8 million this year.