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Article

11 Apr 2007

Author:
Chang-Ran Kim, Reuters

Lagging Rivals, Nissan Must Get Greener [Japan]

Nissan…risks falling further behind local rivals Toyota… and Honda… if it doesn't improve its green credentials…Chief Executive Carlos Ghosn's costly rejection of today's expensive gasoline-electric hybrid cars as a bad business proposition also dented Nissan's image, prompting a perception that the company cares more about investors than the environment…Nissan is already taking steps to make its cars cleaner...Last month, it introduced a new engine valve control technology that cuts carbon dioxide emissions by up to 10 percent...[also refers to Renault, NEC, Matsushita Electric, Credit Suisse, Hyundai Motor and Kia Motor]